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Political business cycles: a review and reexamination. (Research Notes).

Publication: International Advances in Economic Research
Publication Date: 01-AUG-02
Format: Online
Delivery: Immediate Online Access
Full Article Title: Political business cycles: a review and reexamination. (Research Notes).(Brief Article)

Article Excerpt
Furman University--U.S.A.

This paper explores the main strands of the early political business cycle (PBC) literature, looks at some of the critics of PBCs, and examines new trends and techniques that are being applied in the area. PBC theory argues that incumbent governments manipulate economic policy instruments in an...

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