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Electoral Uncertainty and Economic Growth
George Economides (),
Natasha Miaouli and
Apostolis Philippopoulos ()
Athens University of Economics and Business from Athens University of Economics and Business, Department of International and European Economic Studies
Abstract:
This paper formalizes the link among electoral uncertainty, fiscal policy and economic growth. The setup is a dynamic general equilibrium model of optimal growth and fiscal policy, in which fiscal policy is endogenized through a game between two political parties that can alternate in power.
Keywords: FISCAL POLICY ; ECONOMIC GROWTH ; ELECTIONS (search for similar items in EconPapers)
JEL-codes: E62 D9 D72 (search for similar items in EconPapers)
Date: 2001
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Persistent link: http://EconPapers.repec.org/RePEc:fth:athebu:128
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