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When Inertia Generates Political Cycles

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Author Info
Raphäel Soubeyran (GREQAM)

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Abstract

We propose a simple infinite horizon of repeated elections with two candidates. Furthermore we suppose that the government policy presents some degree of inertia, i.e. a new government cannot completely change the policy implemented by the incumbent. When the policy inertia is strong enough, no party can win the election a consecutive infinite number of times.

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Paper provided by Fondazione Eni Enrico Mattei in its series Working Papers with number 2006.91.

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Date of creation: Jun 2006
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Handle: RePEc:fem:femwpa:2006.91

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Related research
Keywords: Political Cycles; Inertia;

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Find related papers by JEL classification:
D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Models of Political Processes: Rent-seeking, Elections, Legislatures, and Voting Behavior
H7 - Public Economics - - State and Local Government; Intergovernmental Relations

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Casamatta, Georges & De Donder, Philippe, 2003. "On the Influence of Extreme Parties in Electoral Competition with Policy-Motivated Candidates," CEPR Discussion Papers 3885, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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  2. Enriqueta Aragones, 1994. "Negativity Effect and the Emergence of Ideologies," Discussion Papers 1125, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
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  3. Heckelman, Jac C., 2000. "Sequential elections and overlapping terms: voting for US Senate," Journal of Economic Behavior & Organization, Elsevier, vol. 42(1), pages 97-108, May. [Downloadable!] (restricted)
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(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Nicolas Houy, 2007. "When inertia generates political cycles: a remark," Economics Bulletin, Economics Bulletin, vol. 4(16), pages 1-5. [Downloadable!]
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