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The information content of elections and varieties of the partisan political business cycle

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  • Cameron Shelton

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    File URL: http://hdl.handle.net/10.1007/s11127-010-9699-1
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    Bibliographic Info

    Article provided by Springer in its journal Public Choice.

    Volume (Year): 150 (2012)
    Issue (Month): 1 (January)
    Pages: 209-240

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    Handle: RePEc:kap:pubcho:v:150:y:2012:i:1:p:209-240

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    Web page: http://www.springerlink.com/link.asp?id=100332

    Related research

    Keywords: Political business cycle; Varieties of capitalism; Forecast data; Opinion polls; E32; E63; P16; P51;

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    1. Avinash Dixit & Luisa Lambertini, 2003. "Interactions of Commitment and Discretion in Monetary and Fiscal Policies," American Economic Review, American Economic Association, vol. 93(5), pages 1522-1542, December.
    2. Kevin Grier, 2008. "US presidential elections and real GDP growth, 1961–2004," Public Choice, Springer, vol. 135(3), pages 337-352, June.
    3. Mankiw, N. Gregory & Reis, Ricardo & Wolfers, Justin, 2003. "Disagreement about Inflation Expectations," Research Papers 1807, Stanford University, Graduate School of Business.
    4. Hibbs, Douglas Jr., 1992. "Partisan theory after fifteen years," European Journal of Political Economy, Elsevier, vol. 8(3), pages 361-373, October.
    5. Giampiero M. Gallo & Clive W.J. Granger & Yongil Jeon, 2002. "Copycats and Common Swings: The Impact of the Use of Forecasts in Information Sets," IMF Staff Papers, Palgrave Macmillan, vol. 49(1), pages 2.
    6. Alberto Alesina, 1988. "Macroeconomics and Politics," NBER Chapters, in: NBER Macroeconomics Annual 1988, Volume 3, pages 13-62 National Bureau of Economic Research, Inc.
    7. N. Gregory Mankiw & Ricardo Reis, 2001. "Sticky Information: A Model of Monetary Nonneutrality and Structural Slumps," NBER Working Papers 8614, National Bureau of Economic Research, Inc.
    8. Michael Woodford, 2001. "Inflation Stabilization and Welfare," NBER Working Papers 8071, National Bureau of Economic Research, Inc.
    9. Alberto Alesina & Nouriel Roubini & Gerald D. Cohen, 1997. "Political Cycles and the Macroeconomy," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262510944, December.
    10. Barro, Robert J. & Gordon, David B., 1983. "Rules, discretion and reputation in a model of monetary policy," Journal of Monetary Economics, Elsevier, vol. 12(1), pages 101-121.
    11. Jac C. Heckelman, 2002. "Variable Rational Partisan Business Cycles: theory and some evidence," Canadian Journal of Economics, Canadian Economics Association, vol. 35(3), pages 568-585, August.
    12. Berlemann, Michael & Markwardt, Gunther, 2003. "Partisan cycles and pre-electoral uncertainty," Dresden Discussion Paper Series in Economics 01/03, Dresden University of Technology, Faculty of Business and Economics, Department of Economics.
    13. Alesina, Alberto, 1987. "Macroeconomic Policy in a Two-party System as a Repeated Game," Scholarly Articles 4552531, Harvard University Department of Economics.
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    Cited by:
    1. Ferré Carracedo, Montserrat & Manzano, Carolina, 2013. "Rational Partisan Theory with fiscal policy and an independent central bank," Working Papers 2072/211881, Universitat Rovira i Virgili, Department of Economics.

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