Can Political Instability Generate Business Cycles? Evidence from the Intifada

This paper presents an econometric model that combines macroeconomic time series data with historical series relating to political instability in Israel during the Intifada period, in order to provide a conservative estimate of the extent to which variations in economic performance over time have a political explanation. Political instability is found to have a substantial effect on the cyclical component of aggregate output.

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Year of publication:	2000-11
Authors:	Fielding, David
Institutions:	Department of Economics, Leicester University
Subject:	Israel \| macroeconomics \| political instability \| VAR

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Extent:	application/pdf
Series:	Discussion Papers in Economics.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 00/9
Classification:	E10 - General Aggregative Models. General ; K42 - Illegal Behavior and the Enforcement of Law ; O11 - Macroeconomic Analyses of Economic Development ; O53 - Asia including Middle East
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005385087