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Macroeconomic effects of populist radical right parties in a rational partisan model

Author

Listed:
  • Montserrat Ferre

    (Universitat Rovira i Virgili and ECO-SOS)

  • Carolina Manzano

    (Universitat Rovira i Virgili and ECO-SOS)

Abstract

European countries have witnessed a surge of populist radical right parties in the last decades, some of them entering government coalitions with right-wing parties in several democracies. In this article we will study the impact of such coalitions on macroeconomic variables like inflation and output. To this end, we will use a rational partisan theory model extended with fiscal policy and an independent central bank to reflect the European context.

Suggested Citation

  • Montserrat Ferre & Carolina Manzano, 2020. "Macroeconomic effects of populist radical right parties in a rational partisan model," Economics Bulletin, AccessEcon, vol. 40(4), pages 3211-3218.
    • Handle: RePEc:ebl:ecbull:eb-20-00719
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    populist radical right parties; coalition; output; inflation;
    All these keywords.

    JEL classification:

    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • H5 - Public Economics - - National Government Expenditures and Related Policies

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