Elections and Macroeconomic Policy Cycles
收藏NBER1986-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1838
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资源简介：
There is an extensive empirical literature on political business cycles, but its theoretical foundations are grounded in pre-rational expectations macroeconomic theory. Here we show that electoral cycles in taxes, government spending and money growth can be modeled as an equilibrium signaling
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美国国家经济研究局创建时间：
1986-02-01
