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Are promises indebting? Political economy of electoral promises

Author

Listed:
  • Etienne Farvaque
  • Gaël Lagadec

Abstract

This article exposes the dynamics of electoral promises, building on an electoral competition model with endogenous policies. This framework allows to deal with the intertemporal dimension needed to understand the prevalent cycle of promises, disappointment, new promises, new disappointment

Suggested Citation

  • Etienne Farvaque & Gaël Lagadec, 2008. "Are promises indebting? Political economy of electoral promises," DULBEA Working Papers 08-14.RS, ULB -- Universite Libre de Bruxelles.
  • Handle: RePEc:dul:wpaper:08-14rs
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    References listed on IDEAS

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    More about this item

    Keywords

    Lobbies; Promises; Elections; Electoral competition; Lies;

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • P16 - Economic Systems - - Capitalist Systems - - - Political Economy of Capitalism

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