Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/323860 
Year of Publication: 
2025
Citation: 
[Journal:] Economics & Politics [ISSN:] 1468-0343 [Volume:] 37 [Issue:] 2 [Publisher:] Wiley [Place:] Hoboken, NJ [Year:] 2025 [Pages:] 653-668
Publisher: 
Wiley, Hoboken, NJ
Abstract: 
This study contributes to the literature on political business cycles by assessing the effect of elections on growth expectations based on expert survey data instead of using actual performance data. We analyze the different roles opportunistic and partisan politics play in varieties of capitalistic systems as a source of heterogeneity. Our results show that expectations differ remarkably between Liberal and Coordinated Market Economies (LME vs. CME) even independent of election outcomes.
Subjects: 
expectations
political business cycles
varieties of capitalism
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article
Document Version: 
Published Version

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