A collection of articles on how the government influences the economy in order to secure re-election. This book surveys the empirical and major theoretical approaches, such as vote maximization, partisan and vote-cum-partisan models, and rational political business cycles. It provides extensions including the role of the central bank, of direct democracy, and the cycles in European communist countries, as well as discussing policy relevance.
Author: Bruno S. Frey
Binding: Hardcover
EAN: 9781858983998
Manufacturer: Edward Elgar Pub
Number of pages: 491
Product group: Book
Studio: Edward Elgar Pub
Publication Date: 1997-04
Publisher: Edward Elgar Pub
Pages: 491
ISBN: 1858983991