Mechtel, Mario; Potrafke, Niklas - Volkswirtschaftliche Fakultät, … - 2009
present a model that explains how politicians strategically use ALMP to generate political cycles in unemployment and the … budget deficit. Election-motivated politicians increase ALMP spending before elections irrespective of their party ideology …. Leftwing politicians spend more on ALMP than rightwing politicians. We test the hypotheses derived from our model using German …