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Electoral politics and monetary policy: does the Bank of Canada contribute to a political business cycle?

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  • J. Ferris

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  • J. Ferris, 2008. "Electoral politics and monetary policy: does the Bank of Canada contribute to a political business cycle?," Public Choice, Springer, vol. 135(3), pages 449-468, June.
    • Handle: RePEc:kap:pubcho:v:135:y:2008:i:3:p:449-468
    DOI: 10.1007/s11127-007-9272-8
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    References listed on IDEAS

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    1. Hibbs, Douglas A., 1977. "Political Parties and Macroeconomic Policy," American Political Science Review, Cambridge University Press, vol. 71(4), pages 1467-1487, December.
    2. Torsten Persson & Gerard Roland & Guido Tabellini, 2003. "How Do Electoral Rules Shape Party Structures, Government Coalitions and Economic Policies?," Working Papers 251, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    3. J. Ferris & Soo-Bin Park & Stanley Winer, 2008. "Studying the role of political competition in the evolution of government size over long horizons," Public Choice, Springer, vol. 137(1), pages 369-401, October.
    4. Alesina, Alberto & Summers, Lawrence H, 1993. "Central Bank Independence and Macroeconomic Performance: Some Comparative Evidence," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 25(2), pages 151-162, May.
    5. Allen, Stuart D. & McCrickard, Donald L., 1991. "The influence of elections on federal reserve behavior," Economics Letters, Elsevier, vol. 37(1), pages 51-55, September.
    6. Burton A. Abrams, 2006. "How Richard Nixon Pressured Arthur Burns: Evidence from the Nixon Tapes," Journal of Economic Perspectives, American Economic Association, vol. 20(4), pages 177-188, Fall.
    7. Siklos,Pierre L., 2006. "The Changing Face of Central Banking," Cambridge Books, Cambridge University Press, number 9780521034494.
    8. William D. Nordhaus, 1975. "The Political Business Cycle," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 42(2), pages 169-190.
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    Citations

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    Cited by:

    1. Belke, Ansgar & Potrafke, Niklas, 2012. "Does government ideology matter in monetary policy? A panel data analysis for OECD countries," Journal of International Money and Finance, Elsevier, vol. 31(5), pages 1126-1139.
    2. repec:zbw:rwirep:0094 is not listed on IDEAS
    3. J. Stephen Ferris & Derek E. H. Olmstead, 2012. "Fixed versus Flexible Election Cycles: Explaining innovation in the timing of Canada’s Election Cycle," Carleton Economic Papers 12-04, Carleton University, Department of Economics, revised 01 Dec 2016.
    4. Oriola, Hugo, 2023. "Political monetary cycles: An empirical study," European Journal of Political Economy, Elsevier, vol. 79(C).
    5. Dodge Cahan & Luisa Doerr & Niklas Potrafke, 2019. "Government ideology and monetary policy in OECD countries," Public Choice, Springer, vol. 181(3), pages 215-238, December.
    6. J. Stephen Ferris & Derek E. H. Olmstead, 2017. "Fixed versus flexible election terms: explaining innovation in the timing of Canada’s election cycle," Constitutional Political Economy, Springer, vol. 28(2), pages 117-141, June.
    7. J. Ferris & Stanley Winer & Bernard Grofman, 2012. "Do departures from democratic accountability compromise the stability of public finances? Keynesianism, central banking, and minority governments in the Canadian system of party government, 1867–2009," Constitutional Political Economy, Springer, vol. 23(3), pages 213-243, September.
    8. Niklas Potrafke, 2012. "Political cycles and economic performance in OECD countries: empirical evidence from 1951–2006," Public Choice, Springer, vol. 150(1), pages 155-179, January.
    9. J. Stephen Ferris & Marcel-Cristian Voia, 2011. "Does the expectation or realization of a federal election precipitate Canadian output growth?," Canadian Journal of Economics, Canadian Economics Association, vol. 44(1), pages 107-132, February.
    10. J. Stephen Ferris & Marcel-Christian Voia, 2019. "Elections, Economic Outcomes and Policy in Canada: 1870 - 2015," Carleton Economic Papers 19-11, Carleton University, Department of Economics.
    11. J. Stephen Ferris & Marcel-Cristian Voia, 2021. "Elections, economic outcomes and policy choices in Canada: 1870 – 2015," Applied Economics, Taylor & Francis Journals, vol. 53(16), pages 1840-1855, April.
    12. Mechtel, Mario & Potrafke, Niklas, 2009. "Political Cycles in Active Labor Market Policies," MPRA Paper 14270, University Library of Munich, Germany.
    13. Ansgar Belke & Niklas Potrafke, 2009. "Does Government Ideology Matter in Monetary Policy? – A Panel Data Analysis for OECD Countries," Ruhr Economic Papers 0094, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
    14. Sieg Gernot & Stegemann Ulrike, 2010. "Strategic Debt Management within the Stability and Growth Pact," Review of Economics, De Gruyter, vol. 61(3), pages 225-240, December.

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