• Table of Contents
    • Abstract
    • Keywords
    • Article
      • Basic conceptual arguments
      • Signalling models
        • The basic competence model
        • Timing of signals
      • Observability of fiscal policy
        • Unobserved politician preferences
      • Empirical studies of political budget cycles
      • The effect of deficits on re-election
    • See Also
    • Bibliography
    • How to cite this article

political budget cycles

Allan Drazen
From The New Palgrave Dictionary of Economics, Second Edition, 2008
Edited by Steven N. Durlauf and Lawrence E. Blume
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Abstract

Theoretical and empirical research on political budget cycles is surveyed and discussed. Significant political budget cycles are seen to be primarily a phenomenon of the first elections after the transition to a democratic electoral system.
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Keywords

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Article

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How to cite this article

Drazen, Allan. "political budget cycles." The New Palgrave Dictionary of Economics. Second Edition. Eds. Steven N. Durlauf and Lawrence E. Blume. Palgrave Macmillan, 2008. The New Palgrave Dictionary of Economics Online. Palgrave Macmillan. 24 July 2017 <http://www.dictionaryofeconomics.com/article?id=pde2008_P000346> doi:10.1057/9780230226203.1297

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