On the Frequency of Retention Decisions : a Useful Tool for Understanding Political Business Cycles ? ∗


The Political Business Cycles literature studies the effects of elections on the real economy and on policy choices. Most studies in this literature assume that the incumbent policymaker can only affect election outcomes with actions at election periods (this explains the cycles). This paper explores alternative explanations in a model without this… (More)

10 Figures and Tables


  • Presentations referencing similar topics