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This paper presents an empirical examination of political cycles in Israel by examining the instruments of fiscal and monetary policy at the time of election campaigns. In common with the findings of similar empirical studies undertaken elsewhere, the economic data for Israel support the theory...
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This paper analyzes local political cycle in Czech municipalities over the period between 1997 and 2013. We apply the system GMM and the difference GMM estimators to identify distortion in current and capital expenditures per capita in electoral and pre-electoral years, while focusing on various...
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