A Theory of Political and Economic Cycles
收藏NBER2012-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w18354
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资源简介：
We develop a theoretical framework in which political and economic cycles are jointly determined. These cycles are driven by three political economy frictions: policymakers are non-benevolent, they cannot commit to policies, and they have private information about the tightness of the government
提供机构：
美国国家经济研究局
创建时间：
2012-09-01
