prices. Consistent with theories of opportunistic political cycles, this pattern is stronger when election outcomes are … uncertain, regulators are closely tied to politicians, and institutions are poor. These results suggest that political pressures …

. Consistent with theories of opportunistic political cycles, this pattern is stronger when election outcomes are uncertain or in …

. Consistent with theories of opportunistic political cycles, this pattern is stronger when election outcomes are uncertain or in …

The political budget cycle (PBC) literature argues that governments expand deficits in election years. However, what …

The opportunistic political cycle's theories argued that the incumbent raises the visible expenses in the election time …-buying action. The paper tests the argument by using Indonesia local election and grants spending data from 2008 to 2013. Through … treating the endogeneity of incumbency, the analysis results suggest that when the incumbent is participating in the election …

announcements that are made during the pre-election periods, thereby leading to a lower likelihood of “tax news shocks”. We also …

This paper documents that surprise election outcomes - measured as deviations between realised vote shares and expected … vote shares based on a newly constructed dataset of opinion polls and party and candidate vote shares close to election day … higher surprise is associated with a 0.37 percentage point lower year-on-year growth rate one year after the election. These …