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dc.contributor.authorBerlemann, Michaelen_US
dc.contributor.authorMarkwardt, Guntheren_US
dc.date.accessioned2011-07-13T10:44:35Z-
dc.date.available2011-07-13T10:44:35Z-
dc.date.issued2003en_US
dc.identifier.urihttp://hdl.handle.net/10419/48139-
dc.description.abstractRational partisan theory of political business cycles suggests differences in inflation under left-wing and right-wing governments. It also suggests temporary post-electoral booms after election of left-wing governments and temporary recessions after election of right-wing ones. However, the core hypothesis that post-electoral booms and recessions depend upon the degree of pre-electoral uncertainty has rarely been tested. Using pre-electoral polling data, we provide empirical evidence in favor of the hypothesis of the existence of rational partisan cycles. We also show that - in line with most previous empirical studies - there is little evidence for partisan cycles under adaptive expectations.en_US
dc.language.isoengen_US
dc.publisherTechn. Univ., Fak. Wirtschaftswiss. Dresdenen_US
dc.relation.ispartofseriesDresden discussion paper in economics 01/03en_US
dc.subject.jelE32en_US
dc.subject.ddc330en_US
dc.subject.keywordpartisan theoryen_US
dc.subject.keywordpolitical business cyclesen_US
dc.subject.stwPolitischer Konjunkturzyklusen_US
dc.subject.stwWahlverhaltenen_US
dc.subject.stwErwartungstheorieen_US
dc.subject.stwSchätzungen_US
dc.subject.stwTheorieen_US
dc.subject.stwOECD-Staatenen_US
dc.titlePartisan cycles and pre-electoral uncertaintyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn362949603en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:tuddps:0103-
Appears in Collections:Dresden Discussion Paper Series in Economics, Faculty of Business and Economics, TU Dresden

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