Output Persistence and Upside Down Electoral Business Cycles, What Does Really Matter?

This note shows in what circumstances output persistence may invert the pattern of the electoral cycle when inflation expectations are of the adaptive or rational type and the government preferences are quadratic over output and inflation

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Year of publication:	2006
Authors:	Caleiro, António
Institutions:	Departamento de Economia, Universidade de Évora
Subject:	Electoral Cycles \| Output persistence

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Extent:	text/html
Series:	Economics Working Papers.
Type of publication:	Book / Working Paper
Notes:	6 pages
Classification:	E23 - Production ; E32 - Business Fluctuations; Cycles ; E52 - Monetary Policy (Targets, Instruments, and Effects) ; E61 - Policy Objectives; Policy Designs and Consistency; Policy Coordination
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005577416