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On some of the consequences of being possible to call early elections

António Caleiro

EconStor Preprints from ZBW - Leibniz Information Centre for Economics

Abstract: This note presents some of the consequences due to the possibility of having early elections. First of all, elections, whether exogenously or endogenously determined, are relevant to challenge the well known neutrality principle of economic policies under rational expectations. Furthermore, in the particular case of being possible to admit early elections, the electoral advantages of right-wing parties in relation to left-wing parties suffer a diminishment.

Keywords: Early Elections; Median Voter; Partisan Policies (search for similar items in EconPapers)
JEL-codes: D72 E52 E61 (search for similar items in EconPapers)
Date: 2005
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