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

António Caleiro

EconStor Preprints from ZBW - Leibniz Information Centre for Economics

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)
Date: 2006
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https://www.econstor.eu/bitstream/10419/142774/1/wp_2006_04.pdf (application/pdf)

Related works:
Working Paper: Output Persistence and Upside Down Electoral Business Cycles, What Does Really Matter? (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:esprep:142774

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