Elections and inflation - in search of a political business cycle
(2013) NEKH01 20121Department of Economics
- Abstract
- Economies can suffer shocks connected to election seasons, a phenomenon especially prevalent in developing countries. This paper uses a large panel data set to examine the relation between elections and inflation, first coined by Nordhaus in his article “Political Business Cycle” in 1975. Through an inferential analysis, I find no evidence of inflationary jumps around election season on a global level from 1996-2009. Indications of an opposite connection are detected, and more research needs to be undertaken before any conclusions can be drawn.
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/3561877
- author
- Wallner, Paul LU
- supervisor
-
- Andreas Bergh LU
- Therese Nilsson LU
- organization
- course
- NEKH01 20121
- year
- 2013
- type
- M2 - Bachelor Degree
- subject
- keywords
- Elections, Inflation, Political Business Cycle
- language
- English
- id
- 3561877
- date added to LUP
- 2013-03-06 08:59:00
- date last changed
- 2013-03-06 08:59:00
@misc{3561877, abstract = {{Economies can suffer shocks connected to election seasons, a phenomenon especially prevalent in developing countries. This paper uses a large panel data set to examine the relation between elections and inflation, first coined by Nordhaus in his article “Political Business Cycle” in 1975. Through an inferential analysis, I find no evidence of inflationary jumps around election season on a global level from 1996-2009. Indications of an opposite connection are detected, and more research needs to be undertaken before any conclusions can be drawn.}}, author = {{Wallner, Paul}}, language = {{eng}}, note = {{Student Paper}}, title = {{Elections and inflation - in search of a political business cycle}}, year = {{2013}}, }