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Political accountability for price stability and unemployment in a multi-party system with coalition governments

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  • Paul Renaud
  • Frans Winden

Abstract

A model of party popularity for multi-party systems is presented and applied to the Netherlands. Main conclusions are: first, inflation and unemployment and their interaction affect the popularity of parties; second, it is important to take into account that voters may reckon with a trade-off between these variables; third, it is wrong to handle a coalition government as a homogeneous entity. Copyright Martinus Nijhoff Publishers 1987

Suggested Citation

  • Paul Renaud & Frans Winden, 1987. "Political accountability for price stability and unemployment in a multi-party system with coalition governments," Public Choice, Springer, vol. 53(2), pages 181-186, January.
  • Handle: RePEc:kap:pubcho:v:53:y:1987:i:2:p:181-186
    DOI: 10.1007/BF00125849
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    References listed on IDEAS

    as
    1. Chappell, Henry W. & Keech, William R., 1985. "A New View of Political Accountability for Economic Performance," American Political Science Review, Cambridge University Press, vol. 79(1), pages 10-27, March.
    2. Henry Chappell & William Keech, 1985. "The political viability of rule-based monetary policy," Public Choice, Springer, vol. 46(2), pages 125-140, January.
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    Cited by:

    1. Gebhard Kirchgässner, 2016. "Voting and Popularity," CREMA Working Paper Series 2016-08, Center for Research in Economics, Management and the Arts (CREMA).

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