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Macroeconomic Policy in a Two-party System as a Repeated Game

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Cited by:

  1. Gartner, Manfred, 2000. "Political Macroeconomics: A Survey of Recent Developments," Journal of Economic Surveys, Wiley Blackwell, vol. 14(5), pages 527-561, December.
  2. Chun-Ping Chang & Yoonbai Kim & Yung-hsiang Ying, 2009. "Economics and politics in the United States: a state-level investigation," Journal of Economic Policy Reform, Taylor and Francis Journals, vol. 12(4), pages 343-354.
  3. Lohmann, Susanne, 1997. "Partisan control of the money supply and decentralized appointment powers," European Journal of Political Economy, Elsevier, vol. 13(2), pages 225-246, May.
  4. Hughes Hallett, Andrew & Viegi, Nicola, 2001. "Credibility, Transparency and Asymmetric Information in Monetary Policy," CEPR Discussion Papers 2671, C.E.P.R. Discussion Papers.
  5. Wang, Quan-Jing & Feng, Gen-Fu & Chen, Yin E. & Wen, Jun & Chang, Chun-Ping, 2019. "The impacts of government ideology on innovation: What are the main implications?," Research Policy, Elsevier, vol. 48(5), pages 1232-1247.
  6. Eric Dubois, 2016. "Political business cycles 40 years after Nordhaus," Public Choice, Springer, vol. 166(1), pages 235-259, January.
  7. Potrafke, Niklas, 2010. "The growth of public health expenditures in OECD countries: Do government ideology and electoral motives matter?," Journal of Health Economics, Elsevier, vol. 29(6), pages 797-810, December.
  8. Juan Camilo Galvis Ciro & Helder Ferreira de Mendonça, 2017. "Effect of credibility and reputation on discretionary fiscal policy: empirical evidence from Colombia," Empirical Economics, Springer, vol. 53(4), pages 1529-1552, December.
  9. Rodrigo M. S. Moita & Claudio Paiva, 2013. "Political Price Cycles in Regulated Industries: Theory and Evidence," American Economic Journal: Economic Policy, American Economic Association, vol. 5(1), pages 94-121, February.
  10. Michal Plaček & Milan Půček & František Ochrana & Milan Křápek & Lenka Matějová, 2016. "Political Business Cycle in the Czech Republic: Case of Municipalities," Prague Economic Papers, Prague University of Economics and Business, vol. 2016(3), pages 304-320.
  11. Wisniewski, Tomasz Piotr, 2016. "Is there a link between politics and stock returns? A literature survey," International Review of Financial Analysis, Elsevier, vol. 47(C), pages 15-23.
  12. Michelle R. Garfinkel & Amihai Glazer, 1996. "Politics With And Without Policy†," Economics and Politics, Wiley Blackwell, vol. 8(3), pages 251-265, November.
  13. Kolios Bill, 2019. "Political Business Cycles in Australia Elections and Party Ideology," Journal of Time Series Econometrics, De Gruyter, vol. 11(2), pages 1-9, July.
  14. Clemens Fuest & Klaus Gründler & Niklas Potrafke & Fabian Ruthardt, 2021. "Read My Lips? Taxes and Elections," CESifo Working Paper Series 9401, CESifo.
  15. Koen Schoors & Konstantin Sonin, 2005. "Passive Creditors," International Finance, Wiley Blackwell, vol. 8(1), pages 57-86, March.
  16. Niklas Potrafke, 2013. "Economic Freedom and Government Ideology across the German States," Regional Studies, Taylor & Francis Journals, vol. 47(3), pages 433-449, March.
  17. Linda Gonçalves Veiga, 2002. "The Political Economy of Local Governments' Expenditures," NIPE Working Papers 8/2002, NIPE - Universidade do Minho.
  18. Ozkan, F Gulcin, 2000. " Who Wants an Independent Central Bank? Monetary Policy-Making and Politics," Scandinavian Journal of Economics, Wiley Blackwell, vol. 102(4), pages 621-643, December.
  19. Marco Bonomo & Cristina Terra, 2008. "Political Business Cycles through Lobbying," THEMA Working Papers 2008-18, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
  20. Berlemann, Michael & Elzemann, Jorg, 2006. "Are expectations on inflation and election outcomes connected? An empirical analysis," Economics Letters, Elsevier, vol. 91(3), pages 354-359, June.
  21. Blomberg, S. Brock & Hess, Gregory D., 2003. "Is the political business cycle for real?," Journal of Public Economics, Elsevier, vol. 87(5-6), pages 1091-1121, May.
  22. Niklas Potrafke & Kaspar Wuthrich, 2020. "Green governments," Papers 2012.09906, arXiv.org, revised Mar 2022.
  23. Josef Brechler & Adam Geršl, 2014. "Political legislation cycle in the Czech Republic," Constitutional Political Economy, Springer, vol. 25(2), pages 137-153, June.
  24. Stephen Calabrese, 2007. "An explanation of the continuing federal government mandate of single-member congressional districts," Public Choice, Springer, vol. 130(1), pages 23-40, January.
  25. John Goodell & Richard Bodey, 2012. "Price-earnings changes during US presidential election cycles: voter uncertainty and other determinants," Public Choice, Springer, vol. 150(3), pages 633-650, March.
  26. Charles B. Blankart, 2016. "Public Choice and Public Finance: A Survey," CESifo Working Paper Series 5819, CESifo.
  27. Alessandro Riboni & Francisco J. Ruge-Murcia, 2008. "The Dynamic (In)Efficiency of Monetary Policy by Committee," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(5), pages 1001-1032, August.
  28. Schuknecht, Ludger, 1999. "Fiscal policy cycles and the exchange rate regime in developing countries," European Journal of Political Economy, Elsevier, vol. 15(3), pages 569-580, September.
  29. Mario Mechtel & Niklas Potrafke, 2013. "Electoral cycles in active labor market policies," Public Choice, Springer, vol. 156(1), pages 181-194, July.
  30. Rabia Nazir & Muhammad Nasir & Idrees Khawaja, 2022. "Political Budget Cycle: A Sub-National Evidence from Pakistan," Journal of Business Cycle Research, Springer;Centre for International Research on Economic Tendency Surveys (CIRET), vol. 18(3), pages 343-367, November.
  31. Marco Bonomo & Cristina Terra, 2010. "Electoral Cycles Through Lobbying," Economics and Politics, Wiley Blackwell, vol. 22(3), pages 446-470, November.
  32. Francesco Forte, 2012. "The New Macro Political Economy of Alberto Alesina," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 40(4), pages 417-428, December.
  33. repec:dau:papers:123456789/7716 is not listed on IDEAS
  34. Björn Kauder & Niklas Potrafke, 2016. "The growth in military expenditure in Germany 1951--2011: did parties matter?," Defence and Peace Economics, Taylor & Francis Journals, vol. 27(4), pages 503-519, August.
  35. José I. García de Paso, 1993. "Central Bank Structure and monetary policy uncertainty," Documentos de Trabajo del ICAE 9314, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Análisis Económico.
  36. Gikas A. Hardouvelis & Dimitrios D. Thomakos, 2007. "Consumer Confidence and Elections," Working Paper series 42_07, Rimini Centre for Economic Analysis.
  37. Juan Carlos Berganza, 1999. "Is it Welfare Improving to Insulate Monetary Policy from the Political Arena?," Working Papers wp1999_9902, CEMFI.
  38. Niklas Potrafke & Markus Reischmann & Marina Riem & Christoph Schinke & David Streich, 2014. "Economic Situation and Government Ideology in Europe," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 67(09), pages 18-25, May.
  39. Akhmedov Akhmed, 2006. "Human Capital and Political Business Cycles," EERC Working Paper Series 06-02e, EERC Research Network, Russia and CIS.
  40. Vergne, Clémence, 2009. "Democracy, elections and allocation of public expenditures in developing countries," European Journal of Political Economy, Elsevier, vol. 25(1), pages 63-77, March.
  41. John Duggan, 2011. "Noisy Stochastic Games," RCER Working Papers 562, University of Rochester - Center for Economic Research (RCER).
  42. Chrétien, Stéphane & Coggins, Frank, 2009. "Election outcomes and financial market returns in Canada," The North American Journal of Economics and Finance, Elsevier, vol. 20(1), pages 1-23, March.
  43. Mahambare, Vidya & Dhanaraj, Sowmya & Mittal, Pragati, 2022. "The political budget cycles in the presence of a fiscal rule: The case of farm debt waivers in India," Journal of Policy Modeling, Elsevier, vol. 44(3), pages 701-721.
  44. McCallum, Bennett T., 1990. "Inflation: Theory and evidence," Handbook of Monetary Economics, in: B. M. Friedman & F. H. Hahn (ed.), Handbook of Monetary Economics, edition 1, volume 2, chapter 18, pages 963-1012, Elsevier.
  45. Meon, Pierre-Guillaume, 2001. "A Model of Exchange Rate Crises with Partisan Governments," Journal of Macroeconomics, Elsevier, vol. 23(4), pages 517-535, October.
  46. Bonomo, Marco Antônio Cesar & Terra, Maria Cristina T., 2005. "Special interests and political business cycles," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 597, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
  47. Aleksandra Praščević, 2017. "Political Economy Of Misusing Income Distribution In The Electoral Process – Biased Pluralism Approach," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 62(214), pages 7-44, June - Se.
  48. Persson, Torsten & Tabellini, Guido, 1999. "Political economics and macroeconomic policy," Handbook of Macroeconomics, in: J. B. Taylor & M. Woodford (ed.), Handbook of Macroeconomics, edition 1, volume 1, chapter 22, pages 1397-1482, Elsevier.
  49. Toke S Aidt & Vitor Castro & Rodrigo Martins, 2016. "Shades of red and blue: Political ideology and sustainable development," Cambridge Working Papers in Economics 1635, Faculty of Economics, University of Cambridge.
  50. Li, Boying & Zheng, Mingbo & Zhao, Xinxin & Chang, Chun-Ping, 2021. "An assessment of the effect of partisan ideology on shale gas production and the implications for environmental regulations," Economic Systems, Elsevier, vol. 45(3).
  51. Blomberg, S. Brock & Hess, Gregory D., 1997. "Politics and exchange rate forecasts," Journal of International Economics, Elsevier, vol. 43(1-2), pages 189-205, August.
  52. Niklas Potrafke, 2018. "Government ideology and economic policy-making in the United States—a survey," Public Choice, Springer, vol. 174(1), pages 145-207, January.
  53. Vítor Castro & Rodrigo Martins, 2015. "Budget, expenditures composition and political manipulation: Evidence from Portugal," GEMF Working Papers 2015-13, GEMF, Faculty of Economics, University of Coimbra.
  54. Garmann, Sebastian, 2014. "Do government ideology and fragmentation matter for reducing CO2-emissions? Empirical evidence from OECD countries," Ecological Economics, Elsevier, vol. 105(C), pages 1-10.
  55. Vítor Castro & Rodrigo Martins, 2021. "Why are credit booms sometimes sweet and sometimes sour?," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(2), pages 3054-3074, April.
  56. Sergio Naruhiko Sakurai & Amaury Patrick Gremaud, 2004. "Political Business Cycles: Evidências Empíricas Para Os Municípios Paulistas (1989 - 2001)," Anais do XXXII Encontro Nacional de Economia [Proceedings of the 32nd Brazilian Economics Meeting] 028, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
  57. Carsten Hefeker & Michael Neugart, 2015. "Fiscal Transfers in a Monetary Union with Exit Option," Review of International Economics, Wiley Blackwell, vol. 23(3), pages 489-508, August.
  58. Jiang, Jiangang & Zhang, Jianhong, 2023. "Does political ideology matter in Chinese cross-border acquisitions?," Journal of Business Research, Elsevier, vol. 161(C).
  59. Ahmet Emrah Tayyar, 2017. "Political Monetary Cycles In Coalition And Single Party Government Periods: A Case Study On Turkey," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 6, pages 89-111, December.
  60. Paiva, Claudio A. C., 1996. "Electoral price cycles in regulated industries," World Development, Elsevier, vol. 24(10), pages 1673-1680, October.
  61. Ikuho Kochi & Raul Alberto Ponce Rodriguez, 2010. "Do Remittances Crowd Out The Government¡¯S Redistributive Policy?," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 35(4), pages 45-72, December.
  62. Monojit Chatterji & Sushil Mohan & Sayantan Ghosh Dastidar, 2015. "Determinants of public education expenditure: evidence from Indian states," International Journal of Education Economics and Development, Inderscience Enterprises Ltd, vol. 6(1), pages 1-19.
  63. Jan Kluge & Gunther Markwardt & Christian Thater, 2015. "Self-preserving Leviathans - Evidence from Regional-level Data," CESifo Working Paper Series 5177, CESifo.
  64. Ramalho, Esmeralda A. & Caleiro, António & Dionfsio, Andreia, 2011. "Explaining consumer confidence in Portugal," Journal of Economic Psychology, Elsevier, vol. 32(1), pages 25-32, February.
  65. Plantin, Guillaume & Barthélemy, Jean & Mengus, Eric, 2019. "Public Liquidity Demand and Central Bank Independence," CEPR Discussion Papers 14160, C.E.P.R. Discussion Papers.
  66. Óscar Landerretche, 2011. "Doscientos años y cincuenta más: economía política de las políticas económicas en Chile," Working Papers wp342, University of Chile, Department of Economics.
  67. Akhmed Akhmedov & Ekaterina Zhuravskaya, 2004. "Opportunistic Political Cycles: Test in a Young Democracy Setting," The Quarterly Journal of Economics, Oxford University Press, vol. 119(4), pages 1301-1338.
  68. Lippi, Francesco & Swank, Otto H., 1999. "Rational Voters, Elections, and Central Banks: Do Representative Democracies Need Nonrepresentative Institutions?," Journal of Policy Modeling, Elsevier, vol. 21(4), pages 515-525, July.
  69. Darcillon, Thibault, 2015. "Corporate governance reforms and political partisanship: an empirical analysis in 16 OECD countries," Business and Politics, Cambridge University Press, vol. 17(4), pages 661-696, December.
  70. Lippi, Francesco & Swank, Otto H., 1996. "Do policymakers' distributional desires lead to an inflationary bias?," Journal of Policy Modeling, Elsevier, vol. 18(1), pages 109-116, February.
  71. David Kiefer, 2008. "Inflation Targeting, the Natural Rate and Expectations," Working Paper Series, Department of Economics, University of Utah 2008_03, University of Utah, Department of Economics.
  72. Robin Burgess & Matthew Hansen & Benjamin A. Olken & Peter Potapov & Stefanie Sieber, 2012. "The Political Economy of Deforestation in the Tropics," The Quarterly Journal of Economics, Oxford University Press, vol. 127(4), pages 1707-1754.
  73. Novaes, Walter & Werlang, Sergio, 1995. "Inflationary bias and state-owned financial institutions," Journal of Development Economics, Elsevier, vol. 47(1), pages 135-154, June.
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  75. Hacioglu Hoke, Sinem, 2019. "Macroeconomic effects of political risk shocks," Bank of England working papers 841, Bank of England.
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  77. Potrafke, Niklas, 2017. "Partisan politics: The empirical evidence from OECD panel studies," Journal of Comparative Economics, Elsevier, vol. 45(4), pages 712-750.
  78. Niklas Potrafke, 2023. "The Economic Consequences of Fiscal Rules," CESifo Working Paper Series 10765, CESifo.
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  84. François Facchini & Mickael Melki, 2014. "Political Ideology And Economic Growth: Evidence From The French Democracy," Economic Inquiry, Western Economic Association International, vol. 52(4), pages 1408-1426, October.
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