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process in Greece, Spain, Ireland, and Portugal and, by way of contrast, in Germany, a country that did experience a reform …
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process in Greece, Spain, Ireland, and Portugal and, by way of contrast, in Germany, a country that did experience a reform …
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cycles in Greece during the period known as the 'Third Hellenic Republic' (in Greek, 'Metapolitefsi', hereafter THR) since … economy have significantly affected budget balances in Greece. …
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The vintage political business cycle framework of Nordhaus (1975) represents the idea that the macroeconomic business cycle is manipulated opportunistically by an incumbent government to achieve re-election. A key assumption in this prototypical framework is that voters discount their memories...
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