Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/38765
Authors: 
Kächelein, Holger
Imami, Drini
Lami, Endrit
Year of Publication: 
2008
Series/Report no.: 
BERG Working paper series on government and growth 60
Abstract: 
Over the last decades, there has been plenty of research and articles on Political Business Cycles (PBC), aiming at analyzing and explaining the use of fiscal and monetary instruments to stimulate economic growth before elections, to impress the voters. Following other researches for PBC in Albania, in which there was found clear evidence of fiscal expansion before elections, but no significant changes in inflation and GDP, as theory predicts, we analyze the peoples' expectations related to elections outcomes, and the way these expectations influence their decisions to spend, and consequently the macroeconomic variables.
Subjects: 
Political Business Cycle
Household Behaviour
Albanian
JEL: 
E32
O23
N14
ISBN: 
978-3-931052-65-2
Document Type: 
Working Paper

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