On some of the consequences of being possible to call early elections
AbstractThis note presents some of the consequences due to the possibility of having early elections. First of all, elections, whether exogenously or endogenously determined, are relevant to challenge the well known neutrality principle of economic policies under rational expectations. Furthermore, in the particular case of being possible to admit early elections, the electoral advantages of right-wing parties in relation to left-wing parties suffer a diminishment.
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Bibliographic InfoPaper provided by University of Évora, Department of Economics (Portugal) in its series Economics Working Papers with number 4_2005.
Length: 12 pages
Date of creation: 2005
Date of revision:
Early Elections; Median Voter; Partisan Policies;
Find related papers by JEL classification:
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
- E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-02-27 (All new papers)
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