Output Persistence and Upside Down Electoral Business Cycles, What Does Really Matter?

António Caleiro

Economics Working Papers from University of Évora, Department of Economics (Portugal)

Abstract: This note shows in what circumstances output persistence may invert the pattern of the electoral cycle when inflation expectations are of the adaptive or rational type and the government preferences are quadratic over output and inflation

Keywords: Electoral Cycles; Output persistence (search for similar items in EconPapers)
JEL-codes: E23 E32 E52 E61 (search for similar items in EconPapers)
Pages: 6 pages
Date: 2006
New Economics Papers: this item is included in nep-cdm and nep-mac
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Persistent link: https://EconPapers.repec.org/RePEc:evo:wpecon:04_2006

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