Caleiro, António - In: The IUP Journal of Applied Economics VIII (2009) 3-4, pp. 23-37
: About 20 years ago, van der Ploeg analyzed the implications of the J-curve effect for the political business cycle in a small open economy (van der Ploeg, 1989a). It was then shown that a sudden jump in the exchange rates on the election day should be observed if the government, in order to...