Elections and Macroeconomic Policy Cycles
- 1 January 1988
- journal article
- Published by Oxford University Press (OUP) in The Review of Economic Studies
- Vol. 55 (1) , 1-16
- https://doi.org/10.2307/2297526
Abstract
There is an extensive empirical literature on political business cycles, but its theoretical foundations are grounded in pre-rational expectations maKeywords
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