Political Cycles and International Interdependence
AbstractThis paper studies the features of political cycles in a setting of international interdependence caused by inflation linkages. The main results are the following. Political cycles caused by domestic elections are larger than without international linkages. Political cycles caused by domestic and foreign elections have opposite effects. If elections are held simultaneously at home and abroad, the amplitude of the cycle is smaller when the winning coalition is the same and larger when the winner is different. In all cases analysed not only the amplitude but also the sign of the cycles depends on the openness of the countries examined.
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Bibliographic InfoArticle provided by Camera di Commercio di Genova in its journal Economia Internazionale / International Economics.
Volume (Year): 58 (2005)
Issue (Month): 3 ()
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Political cycles; Elections; International interdependence;
Other versions of this item:
- M. Menegatti, 2002. "Political cycles and international interdependence," Economics Department Working Papers 2002-EP02, Department of Economics, Parma University (Italy).
- E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Capital; Investment; Capacity
- E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
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