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Persistent link: https://www.econbiz.de/10013273644
We study the relationship between exchange-rate regime announcements and exchange-rate dynamics around government changes by combining the IMF de jure and the Reinhart and Rogoff de facto exchange-rate regime classifications. Using monthly data from Latin American democracies, we do not identify...
Persistent link: https://www.econbiz.de/10012609570
This paper investigates how electoral timing influences policymakers' responses to currency crises. Previous empirical research has shown that elections significantly influence both the probability that a currency crisis emerges and the government's policy responses to such crises. This paper...
Persistent link: https://www.econbiz.de/10014056499
The opportunistic political cycle's theories argued that the incumbent raises the visible expenses in the election time …-buying action. The paper tests the argument by using Indonesia local election and grants spending data from 2008 to 2013. Through … treating the endogeneity of incumbency, the analysis results suggest that when the incumbent is participating in the election …
Persistent link: https://www.econbiz.de/10012896626
avoid tax increases in election years. These data contain 3 useful attributes: (1) when state politicians enact tax laws, (2 …-analysis research plan that includes regressions of tax rate changes and tax enactment years on time-to-gubernatorial election year … implemented tax changes relative to non-election years. We find some evidence that politicians are most likely to enact tax …
Persistent link: https://www.econbiz.de/10013231928
avoid tax increases in election years. Our data provide three items of information: (1) when state politicians enact tax … prespecified research plan that includes regressions of tax rate changes and tax enactment years on time-to-gubernatorial election … greater election effects on gasoline taxes than on corporate taxes appears to be, at least in part, due to political salience …
Persistent link: https://www.econbiz.de/10014095514
in tax base and rate, and for various types of taxes. We also find that the pre-election decrease in the likelihood of …
Persistent link: https://www.econbiz.de/10014241939
avoid tax increases in election years. These data contain 3 useful attributes: (1) when state politicians enact tax laws, (2 …-analysis research plan that includes regressions of tax rate changes and tax enactment years on time-to-gubernatorial election year … implemented tax changes relative to non-election years. We find some evidence that politicians are most likely to enact tax …
Persistent link: https://www.econbiz.de/10014048668
Members of parliament (MPs) often decide on their own salaries. Voters dislike self-serving politicians, and politicians are keen to gratify their voters. In line with the political business cycle theories, politicians thus may well delay deciding on increases in salaries until after elections....
Persistent link: https://www.econbiz.de/10011517956
naturalizations in presidential election years and during the terms of Democratic incumbents. We then investigate the dynamics of an …
Persistent link: https://www.econbiz.de/10011701331