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Elections and inflation - in search of a political business cycle

Wallner, Paul LU (2013) NEKH01 20121
Department 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.
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author
Wallner, Paul LU
supervisor
organization
course
NEKH01 20121
year
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},
  keyword      = {Elections,Inflation,Political Business Cycle},
  language     = {eng},
  note         = {Student Paper},
  title        = {Elections and inflation - in search of a political business cycle},
  year         = {2013},
}