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Political parties and the business cycle in the United States, 1948-1984

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Political Parties and the Business Cycle in the United States, 1948-1984

Alesina, Alberto F.; Sachs, Jeffrey D. - 2021

This paper tests the existence and the extent of a politically induced business cycle in the U.S. in the post-World War II period. The cycle described in this paper is different from the traditional "political business cycle" of Nordhaus. It is based on a systematic difference between the...

Persistent link: https://www.econbiz.de/10013232178