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We study the short-run effect of elections on monetary aggregates in a sample of 85 low and middle income democracies (1975 - 2009). We find an increase in the growth rate of M1 during election months of about one tenth of a standard deviation. A similar effect can neither be detected in...
Persistent link: https://www.econbiz.de/10011342347
We provide new evidence on the short-run effect of elections on monetary aggregates. We study month-to-month fluctuations in the growth rate of M1 in a sample of 85 low and middle income democracies from 1975 to 2009. The evidence shows an increase in the growth rate of M1 during election months...
Persistent link: https://www.econbiz.de/10010491768
We study the short-run effect of elections on monetary aggregates in a sample of 85 low and middle income democracies (1975-2009). We find an increase in the growth rate of M1 during election months of about one tenth of a standard deviation. A similar effect can neither be detected in...
Persistent link: https://www.econbiz.de/10013013236
We provide new evidence on the short-run effect of elections on monetary aggregates. We study month-to-month fluctuations in the growth rate of M1 in a sample of 85 low and middle income democracies from 1975 to 2009. The evidence shows an increase in the growth rate of M1 during election months...
Persistent link: https://www.econbiz.de/10013025975
Persistent link: https://www.econbiz.de/10011539793
Persistent link: https://www.econbiz.de/10012499742
The widening of fiscal deficits during democratic elections is well established. We examine a broader set of fiscal outcomes around elections for a large set of emerging and developing economies (EMDEs), probe for differences between democracies and non-democracies, and estimate the degree to...
Persistent link: https://www.econbiz.de/10014447806
We study consumer debt relief as a tool of distributive politics and ask if debt relief can influence elections. We utilize quasi-experimental variation generated by a very large debt relief program enacted in the Republic of Georgia by a private foundation that affected every sixth voter. We...
Persistent link: https://www.econbiz.de/10013411311
We review a decade of literature on clientelism, a central topic in the study of developing democracies. We define clientelism as the discretionary distribution of public resources by politicians. We distinguish clientelism that occurs in the pre-electoral period (electoral clientelism) from...
Persistent link: https://www.econbiz.de/10012833840
This research is designed to explore whether election fraud precinct-level estimates obtained from a finite mixture … fraud. I estimate the precinct-level probabilities from the parametric model of election fraud and compare them against … associated with the clusters of alternative election fraud measures. The data used is from the parliamentary election 2011 and …
Persistent link: https://www.econbiz.de/10012994133