Series: IMF Working Papers
Author(s): Jan-Peter Olters
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 2001
Keywords: Endogenous politics, political business cycles, optimal government behavior, unemployment, election, voters, social welfare, voting, Relation of Economics to Other Disciplines, History of Thought: Macroeconomics
Whereas the economics discipline possesses a highly refined theoretical apparatus to analyze the effects of government behaviour on the economy, it has not (yet) managed to fully develop a positively formulated "ec...