Ferris, J. Stephen; Park, Soo-Bin; Winer, Stanley L. - Carleton University, Department of Economics - 2005
We address the problem of how to investigate whether economics, or politics, or both, matter in the explanation of public policy. We first pose the problem in a particular context by uncovering a political business cycle (using Canadian data for 130 years) and by taking up the challenge to make...