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Human capital and political business cycles

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  • Akhmedov Akhmed

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    Abstract

    In this project, we propose an alternative explanation of the phenomenon of political business cycles — human capital of government. We propose an illustrative model in the framework of term limits. The predictions of the model will be tested on the basis of fiscal and monthly economic performance data of Russian regions from 1996 to 2003.

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    Bibliographic Info

    Paper provided by EERC Research Network, Russia and CIS in its series EERC Working Paper Series with number 03-213e.

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    Handle: RePEc:eer:wpalle:03-213e

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