Alesina, Alberto; Cohen, Gerald D.; Roubini, Nouriel - In: Economics and Politics 4 (1992) 1, pp. 1-30
The purpose of this paper is to test for evidence of opportunistic "political business cycles" in a large sample of 18 OECD economies. Our results can be summarized as follows: 1) We find very little evidence of pre-electoral effects on economic outcomes, in particular, on GDP growth and...