• Title of article

    Electoral defeats and local political expenditure cycles

  • Author/Authors

    Rui Nuno Baleiras، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 1997
  • Pages
    7
  • From page
    201
  • To page
    207
  • Abstract
    A new explanation is offered for a political business cycle on local public expenditure with rational, forward-looking voters and an endogenous electoral success probability. The cycle results from the incumbentʹs concern with her welfare in case of electoral defeat
  • Keywords
    elections , Political Business Cycles , Local public finance , Public choice
  • Journal title
    Economics Letters
  • Serial Year
    1997
  • Journal title
    Economics Letters
  • Record number

    434389