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The political budget cycle (PBC) literature argues that governments expand deficits in election years. However, what …
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. We find that in election years with fiscal rules in place, public consumption is reduced by 1.6 percentage point of GDP … as compared to election years without these rules. This impact is equivalent to a reduction by a third of the volatility …
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Members of parliament (MPs) often decide on their own salaries. Voters dislike self-serving politicians, and politicians are keen to gratify their voters. In line with the political business cycle theories, politicians thus may well delay deciding on increases in salaries until after elections....
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We investigate the existence of an "electoral cycle bias" in the timing of media coverage of news with high political value. In particular, we analyze how the electoral cycles at the regional level influence the coverage of news about corruption scandals in the Italian Regional Health Systems by...
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comparable across countries and over time. The results show that the reversed CPI was about 0.4 points higher in election years …
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. The results show that the reversed CPI was about 0.4 points higher in election years than in other years, indicating that …
Persistent link: https://www.econbiz.de/10011941292
cycle manifests itself in election year tax cuts and savings on administration costs. Universal suffrage, where all adult … budget cycle manifests itself in election year hikes in capital spending and a reduction in current spending. …
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