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Do politics matter for macroprudential policies? I show that changes in macroprudential regulation exhibit a … prices. Consistent with theories of opportunistic political cycles, this pattern is stronger when election outcomes are …
Persistent link: https://www.econbiz.de/10012852520
Do politics matter for macroprudential policy? I show that changes to macroprudential regulation exhibit a predictable …. Consistent with theories of opportunistic political cycles, this pattern is stronger when election outcomes are uncertain or in …
Persistent link: https://www.econbiz.de/10013315065
Do politics matter for macroprudential policy? I show that changes to macroprudential regulation exhibit a predictable …. Consistent with theories of opportunistic political cycles, this pattern is stronger when election outcomes are uncertain or in …
Persistent link: https://www.econbiz.de/10012135983
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The political budget cycle (PBC) literature argues that governments expand deficits in election years. However, what …
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