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financial inclusion, the second results suggest that, high bank loan prices in election years tend to increase financial access …This paper analyses financial inclusion in Africa focusing on the role of political business cycles and pricing … loan price increases in pre-election and election years. Building on this result and employing various specifications of …
Persistent link: https://www.econbiz.de/10012657608
We document a strong political cycle in bank credit and industry outcomes in Turkey. In line with theories of tactical …
Persistent link: https://www.econbiz.de/10012428972
on bank lending behaviour in Africa. It employs the dynamic system Generalized Method of Moments (SGMM) Two … regulatory independence of the central bank dampens the positive effect of elections on bank lending around election years while … they amplify the reductive effects on bank lending after election periods. There is a wake-up call for countries with weak …
Persistent link: https://www.econbiz.de/10014514254
that gender political inclusion is enhancing on financial inclusion in Africa, and this finding is robust across …
Persistent link: https://www.econbiz.de/10014244448
methods show that gender political inclusion is enhancing on financial inclusion in Africa, and this finding is robust across …
Persistent link: https://www.econbiz.de/10013380607
Using an unbalanced panel of 27 OECD countries over the period 1970-2011, I examine whether electoral motives influenced creative accounting. Governments engage in "below-the-line" operations, such as transactions in financial assets, that do not show up in the deficit figures but give rise to...
Persistent link: https://www.econbiz.de/10011296679
(1975 - 2009). We find an increase in the growth rate of M1 during election months of about one tenth of a standard … is related to systemic vote buying which requires significant amounts of cash at election times. The finely timed …
Persistent link: https://www.econbiz.de/10011342347
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
increase in the growth rate of M1 during election months of about one tenth of a standard deviation. A similar effect can … neither be detected in established OECD democracies nor in the months leading up to the election. The effect is larger in … democracies with many poor and uneducated voters, and in Sub-Saharan Africa and in East-Asia and the Pacific. We show that the …
Persistent link: https://www.econbiz.de/10010491768
The political business cycle theories describe that election-motivated politicians manipulate economic policy …-making. Election cycles occur in many fiscal variables, for example tax rates. I examine whether electoral motives influence communal … municipalities from seven states over the period 1992-2006. The results show that municipalities increase communal fees in election …
Persistent link: https://www.econbiz.de/10011980328