Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/74018 
Year of Publication: 
2006
Series/Report no.: 
Nota di Lavoro No. 91.2006
Publisher: 
Fondazione Eni Enrico Mattei (FEEM), Milano
Abstract: 
We propose a simple infinite horizon of repeated elections with two candidates. Furthermore we suppose that the government policy presents some degree of inertia, i.e. a new government cannot completely change the policy implemented by the incumbent. When the policy inertia is strong enough, no party can win the election a consecutive infinite number of times.
Subjects: 
Political Cycles
Inertia
JEL: 
D72
H7
Document Type: 
Working Paper

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