On some of the consequences of being possible to call early elections

António Caleiro (Universidade de Évora, Departamento de Economia)

This note presents some of the consequences due to the possibility of having early elections. First of all, elections, whether exogenously or endogenously determined, are relevant to challenge the well known neutrality principle of economic policies under rational expectations. Furthermore, in the particular case of being possible to admit early elections, the electoral advantages of right-wing parties in relation to left-wing parties suffer a diminishment.

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Year of publication:	February 2005
Authors:	Caleiro, António
Publisher:	Évora - Portugal : Universidade de Évora, Departamento de Economia
Subject:	Early Elections \| Median Voter \| Partisan Policies \| Wahl \| Election \| Medianwähler-Modell \| Median voter \| Wahlverhalten \| Voting behaviour \| Ökonomische Theorie der Demokratie \| Economic theory of democracy \| Politischer Konjunkturzyklus \| Political business cycle