uncertain prospects of re-election, find it optimal to follow relatively shortsighted fiscal policies, and that this lowers …

uncertain prospects of re-election, find it optimal to follow relatively shortsighted fiscal policies, and that this lowers …

time of election to facilitate the re-election of the government, and it may publish excessively pessimistic growth … forecasts during the years prior to the election to justify an expansionary monetary policy before the election. Our sample … of England and the Bank of Thailand in the election quarter and a significant pessimism bias in the forecasts published …

levels of democracy. In developed countries, especially old democracies, election-year deficits actually reduce the … countries and in new democracies, but voters are affected by growth over the leader's term in office rather than in the election …

levels of democracy. In developed countries, especially old democracies, election-year deficits actually reduce the … countries and in new democracies, but voters are affected by growth over the leader's term in office rather than in the election …