Cincuenta Años de Ciclo Político-Económico en Chile
Paola Assael and
Felipe Larraín
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Felipe Larraín: Instituto de Economía
Latin American Journal of Economics-formerly Cuadernos de Economía, 1995, vol. 32, issue 96, 129-150
Abstract:
In democracies, governments need to be elected, and this provides a powerful incentive for incumbents to use economic instruments around elections in order to influence the electorate. Political business cycle (PBC) theory predicts that governments will u
Date: 1995
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Persistent link: https://EconPapers.repec.org/RePEc:ioe:cuadec:v:32:y:1995:i:96:p:129-150
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Latin American Journal of Economics-formerly Cuadernos de Economía is currently edited by Raimundo Soto
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