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Sweden, we document that governments overestimate short-term GDP growth by 10 to 13 percent during campaign periods. …
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the United States, the United Kingdom, and Sweden, we document that governments overestimate short-term real GDP growth by …
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Sweden, we document that governments overestimate short-term GDP growth by 10 to 13 percent during campaign periods …
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In this paper we study the link between elections, fiscal policy and economic growth/fluctuations. The set-up is a dynamic stochastic general equilibrium model of growth and endogenously chosen fiscal policy, in which two political parties can alternate in power. The party in office chooses...
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