Reassessing the Fed's behaviour towards presidential elections
Yoshito Funashima
Applied Economics Letters, 2013, vol. 20, issue 8, 795-798
Abstract:
This article re-examines the existence of opportunistic political monetary cycle in the United States using frequency-domain analysis. We reveal the cyclical propensity that expansionary monetary policy emerges prior to the presidential elections.
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:20:y:2013:i:8:p:795-798
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DOI: 10.1080/13504851.2012.745925
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