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Allan Drazen

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Alesina, Alberto & Drazen, Allan, 1991. "Why Are Stabilizations Delayed?," American Economic Review, American Economic Association, vol. 81(5), pages 1170-1188, December.

    Mentioned in:

    1. Greece: a question of tough love
      by Financial Times in Economists' Forum on 2012-05-18 16:45:00
    2. La vita è come un albero di Natale (il mio primo maggio)...
      by Alberto Bagnai in Goofynomics on 2014-05-01 15:01:00
    3. The Venality of Evil
      by Ricardo Hausmann in Project Syndicate on 2018-07-31 11:04:39
  2. Allan Drazen & William Easterly, 2001. "Do Crises Induce Reform? Simple Empirical Tests of Conventional Wisdom," Economics and Politics, Wiley Blackwell, vol. 13(2), pages 129-157, July.

    Mentioned in:

    1. La vita è come un albero di Natale (il mio primo maggio)...
      by Alberto Bagnai in Goofynomics on 2014-05-01 15:01:00
  3. Brender, Adi & Drazen, Allan, 2005. "Political budget cycles in new versus established democracies," Journal of Monetary Economics, Elsevier, vol. 52(7), pages 1271-1295, October.

    Mentioned in:

    1. Greece from Postwar Orthodoxy to “Democratic Peronism”
      by pseudoerasmus in Pseudoerasmus on 2015-02-23 12:01:23
  4. Bertola, Giuseppe & Drazen, Allan, 1993. "Trigger Points and Budget Cuts: Explaining the Effects of Fiscal Austerity," American Economic Review, American Economic Association, vol. 83(1), pages 11-26, March.

    Mentioned in:

    1. BCE: bom, mas suficiente?
      by Carlos Eduardo Gonçalves in Economista X on 2014-06-05 19:06:00

Working papers

  1. Allan Drazen & Anna Dreber Almenberg & Erkut Y. Ozbay & Erik Snowberg, 2019. "A Journal-Based Replication of “Being Chosen to Lead”," NBER Working Papers 26444, National Bureau of Economic Research, Inc.

    Cited by:

    1. Luigi Butera & Philip J Grossman & Daniel Houser & John A List & Marie Claire Villeval, 2020. "A New Mechanism to Alleviate the Crises of Confidence in Science With An Application to the Public Goods GameA Review," Working Papers halshs-02512932, HAL.
    2. Luigi Butera & Philip J. Grossman & Daniel Houser & John A. List & Marie Claire Villeval, 2020. "A New Mechanism to Alleviate the Crises of Confidence in Science - With an Application to the Public Goods Game," Monash Economics Working Papers 03-20, Monash University, Department of Economics.

  2. Laurent Bouton & Micael Castanheira & Allan Drazen, 2018. "A Theory of Small Campaign Contributions," NBER Working Papers 24413, National Bureau of Economic Research, Inc.

    Cited by:

    1. Castanheira, Micael & Huck, Steffen & Leutgeb, Johannes Josef & Schotter, Andrew, 2020. "How Trump triumphed: Multi-candidate primaries with buffoons," Discussion Papers, Research Unit: Economics of Change SP II 2020-307, WZB Berlin Social Science Center.
    2. Michael Blanga-Gubbay & Paola Conconi & Mathieu Parenti, 2020. "Globalization for Sale," RSCAS Working Papers 2020/25, European University Institute.
    3. Bernhardt, Dan & Ghosh, Meenakshi, 2020. "Positive and negative campaigning in primary and general elections," Games and Economic Behavior, Elsevier, vol. 119(C), pages 98-104.
    4. Denter, Philipp, 2020. "Campaign contests," European Economic Review, Elsevier, vol. 127(C).
    5. Julia Cage & Edgard Dewitte, 2021. "It Takes Money to Make MPs: Evidence from 150 Years of British Campaign Spending," SciencePo Working papers Main hal-03384143, HAL.
    6. Daisuke Hirata & Yuichiro Kamada, 2020. "Extreme donors and policy convergence," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 55(1), pages 149-176, June.
    7. Jon X. Eguia & Dimitrios Xefteris, 2021. "Implementation by Vote-Buying Mechanisms," American Economic Review, American Economic Association, vol. 111(9), pages 2811-2828, September.
    8. Yasmine Bekkouche & Julia Cage & Edgard Dewitte, 2022. "The Heterogeneous Price of a Vote: Evidence from Multiparty Systems, 1993-2017," PSE-Ecole d'économie de Paris (Postprint) hal-03389172, HAL.
    9. Bouton, Laurent & Cage, Julia & Dewitte, Edgard & Pons, Vincent, 2022. "Small Campaign Donors," CEPR Discussion Papers 17310, C.E.P.R. Discussion Papers.
    10. Julia Cage & Edgard Dewitte, 2021. "It Takes Money to Make MPs: Evidence from 150 Years of British Campaign Spending," Working Papers hal-03384143, HAL.
    11. Yasmine Bekkouche & Julia Cage, 2019. "The Heterogeneous Price of a Vote: Evidence from France, 1993-2014," SciencePo Working papers Main hal-03393084, HAL.
    12. Pinar Yildirim & Andrei Simonov & Maria Petrova & Ricardo Perez-Truglia, 2020. "Are Political and Charitable Giving Substitutes? Evidence from the United States," NBER Working Papers 26616, National Bureau of Economic Research, Inc.
    13. Cagé, Julia & Bekkouche, Yasmine, 2018. "The Heterogeneous Price of a Vote: Evidence from France, 1993-2014," CEPR Discussion Papers 12614, C.E.P.R. Discussion Papers.
    14. Schnakenberg, Keith & Turner, Ian R, 2019. "Helping Friends or Influencing Foes: Electoral and Policy Effects of Campaign Finance Contributions," SocArXiv nphgu, Center for Open Science.
    15. Rebecca Lessem & Sarah Niebler & Carly Urban, 2023. "Do house prices affect campaign contributions?," Economics and Politics, Wiley Blackwell, vol. 35(2), pages 629-660, July.
    16. Avidit Acharya & Takuo Sugaya & Eray Turkel, 2022. "Electoral Campaigns as Dynamic Contests," "Marco Fanno" Working Papers 0293, Dipartimento di Scienze Economiche "Marco Fanno".
    17. Louis-Sidois, Charles, 2024. "Buying winners," Games and Economic Behavior, Elsevier, vol. 143(C), pages 1-11.
    18. Hennicke, Moritz & Blanga-Gubbay, Michael, 2023. "Betting on the Wrong Horse: Lobbying on TPP and the 2016 U.S. Presidential Election," OSF Preprints zcwsn, Center for Open Science.
    19. Bils, Peter & Duggan, John & Judd, Gleason, 2021. "Lobbying and policy extremism in repeated elections," Journal of Economic Theory, Elsevier, vol. 193(C).
    20. Yasmine Bekkouche & Julia Cage & Edgard Dewitte, 2022. "The Heterogeneous Price of a Vote: Evidence from Multiparty Systems, 1993-2017," SciencePo Working papers Main hal-03389172, HAL.
    21. Avidit Acharya & Edoardo Grillo & Takuo Sugaya & Eray Turkel, 2019. "Dynamic Campaign Spending," Carlo Alberto Notebooks 601, Collegio Carlo Alberto.
    22. Alberto Grillo, 2023. "Political alienation and voter mobilization in elections," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 25(3), pages 515-531, June.

  3. S. Borağan Aruoba & Allan Drazen & Razvan Vlaicu, 2015. "A Structural Model of Electoral Accountability," NBER Working Papers 21151, National Bureau of Economic Research, Inc.

    Cited by:

    1. Raveh, Ohad & Tsur, Yacov, 2020. "Reelection, growth and public debt," European Journal of Political Economy, Elsevier, vol. 63(C).
    2. Bonfiglioli, Alessandra & Gancia, Gino, 2015. "Economic Uncertainty and Structural Reforms," CEPR Discussion Papers 10937, C.E.P.R. Discussion Papers.
    3. Chauvin, Juan Pablo & Tricaud, Clemence, 2023. "Gender and Electoral Incentives: Evidence from Crisis Response," CEPR Discussion Papers 17904, C.E.P.R. Discussion Papers.
    4. Raveh, Ohad & Tsur, Yacov, 2020. "Resource windfalls and public debt: A political economy perspective," European Economic Review, Elsevier, vol. 123(C).
    5. Ohad Raveh & Yacov Tsur, 2018. "Resource Windfalls and Public Debt: The Role of Political Myopia," OxCarre Working Papers 205, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    6. Vlaicu, Razvan & Whalley, Alexander, 2016. "Hierarchical accountability in government," Journal of Public Economics, Elsevier, vol. 134(C), pages 85-99.
    7. Eric Avis & Claudio Ferraz & Frederico Finan, 2016. "Do Government Audits Reduce Corruption: Estimating the Impacts of Exposing Corrupt Politicians," Working Papers id:11148, eSocialSciences.
    8. Ohad Raveh & Yacov Tsur, 2017. "Political Myopia, Public Debt," OxCarre Working Papers 200, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.

  4. Allan Drazen & Ethan Ilzetzki, 2011. "Kosher Pork," NBER Working Papers 16667, National Bureau of Economic Research, Inc.

    Cited by:

    1. Hans Gersbach & Fikri Pitsuwan & Giovanni Valvassori Bolgè, 2024. "Volatility and Resilience of Democratic Public-Good Provision," CESifo Working Paper Series 11004, CESifo.
    2. Prato, Carlo & Wolton, Stephane, 2013. "Rational Ignorance, Elections, and Reform," MPRA Paper 68638, University Library of Munich, Germany, revised 10 Dec 2015.

  5. Adi Brender & Allan Drazen, 2009. "Do Leaders Affect Government Spending Priorities?," NBER Working Papers 15368, National Bureau of Economic Research, Inc.

    Cited by:

    1. Guangjun Shen, 2018. "Computer and Information Technology, Firm Growth, and Industrial Restructuring: Evidence from Manufacturing in the People's Republic of China," Asian Development Review, MIT Press, vol. 35(1), pages 133-154, March.
    2. Vojtěch Roženský, 2012. "Mandatorní výdaje a flexibilita fiskální politiky v ČR [Mandatory Expenditure and the Flexibility of Fiscal Policy in the Czech Republic]," Politická ekonomie, Prague University of Economics and Business, vol. 2012(1), pages 40-57.
    3. Marcela Eslava, 2011. "The Political Economy Of Fiscal Deficits: A Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 25(4), pages 645-673, September.
    4. Ming Lu & Lijun Xia & Jinchuan Xiao, 2019. "Pro‐social leadership under authoritarianism : Provincial leaders’ educational backgrounds and fiscal expenditure structure in China," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 27(1), pages 5-30, January.
    5. Niklas Potrafke & Marina Riem & Christoph Schinke, 2016. "Debt Brakes in the German States: Governments’ Rhetoric and Actions," German Economic Review, Verein für Socialpolitik, vol. 17(2), pages 253-275, May.
    6. Margarita Katsimi & Vassilis Sarantides, 2012. "Do elections affect the composition of fiscal policy in developed, established democracies?," Public Choice, Springer, vol. 151(1), pages 325-362, April.
    7. Paul J Burke, 2011. "Economic Growth and Political Survival," Departmental Working Papers 2011-06, The Australian National University, Arndt-Corden Department of Economics.
    8. Felipe Kast & Stephan Meier & Dina Pomeranz, 2012. "Under-Savers Anonymous: Evidence on Self-Help Groups and Peer Pressure as a Savings Commitment Device," NBER Working Papers 18417, National Bureau of Economic Research, Inc.
    9. Ziogas, Thanasis & Panagiotidis, Theodore, 2021. "Revisiting the political economy of fiscal adjustments," Journal of International Money and Finance, Elsevier, vol. 111(C).
    10. Dominik Hecker & Dano Meiske & Niklas Potrafke & Marina Riem & Christoph Schinke, 2016. "Schuldenbremsen in den deutschen Bundesländern: Worte und Taten der Landesregierungen," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 69(02), pages 14-22, January.
    11. Bernd Hayo & Florian Neumeier, 2011. "Political Leaders’ Socioeconomic Background and Fiscal Performance in Germany," MAGKS Papers on Economics 201141, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    12. Niklas Potrafke, 2006. "Political Effects on the Allocation of Public Expenditures: Empirical Evidence from OECD Countries," Discussion Papers of DIW Berlin 653, DIW Berlin, German Institute for Economic Research.
    13. Jeroen Klomp & Jakob de Haan, 2013. "Conditional Election and Partisan Cycles in Government Support to the Agricultural Sector: An Empirical Analysis," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 95(4), pages 793-818.

  6. Adi Brender & Allan Drazen, 2007. "Why is Economic Policy Different in New Democracies? Affecting Attitudes About Democracy," NBER Working Papers 13457, National Bureau of Economic Research, Inc.

    Cited by:

    1. Hanusch, Marek & Keefer, Philip, 2014. "Younger parties, bigger spenders? Party age and political budget cycles," European Economic Review, Elsevier, vol. 72(C), pages 1-18.
    2. Marcela Eslava, 2011. "The Political Economy Of Fiscal Deficits: A Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 25(4), pages 645-673, September.
    3. Pantelis Kammas & Vassilis Sarantides, 2019. "Democratisation and tax structure in the presence of home production: Evidence from the Kingdom of Greece," Working Papers 2019010, The University of Sheffield, Department of Economics.
    4. Clément Mathonnat & Alexandru Minea, 2018. "Forms of Democracies and Macroeconomic Volatility: An Exploration of the Political Institutions Black-Box," Post-Print hal-01903680, HAL.
    5. Kammas, Pantelis & Poulima, Maria & Sarantides, Vassilis, 2023. "Fueling the party machine: Evidence from Greece during Metapolitefsi," Explorations in Economic History, Elsevier, vol. 90(C).
    6. Kowalski, Tadeusz, 2013. "Globalization and Transformation in Central European Countries: The Case of Poland," MPRA Paper 59306, University Library of Munich, Germany.
    7. Bittencourt, Manoel, 2012. "Inflation and economic growth in Latin America: Some panel time-series evidence," Economic Modelling, Elsevier, vol. 29(2), pages 333-340.
    8. Antoine Cazals & Pierre Mandon, 2015. "Political Budget Cycles: Manipulation of Leaders or Bias from Research? A Meta-Regression Analysis," Working Papers halshs-01238883, HAL.
    9. Mathonnat, Clément & Minea, Alexandru, 2019. "Forms of democracy and economic growth volatility," Economic Modelling, Elsevier, vol. 81(C), pages 594-603.
    10. Antoine CAZALS & Pierre MANDON, 2016. "Political Budget Cycles: Manipulation from Leaders or Manipulation from Researchers? Evidence from a Meta-Regression Analysis," Working Papers 201609, CERDI.
    11. Antoine Cazals & Pierre Mandon, 2016. "Political Budget Cycles: Manipulation from Leaders or Manipulation from Researchers? Evidence from a Meta-Regression Analysis," Working Papers halshs-01320586, HAL.
    12. Pantelis Kammas & Vassilis Sarantides, 2017. "Democratisation and tax structure: Greece versus Europe from a historical perspective," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 109, Hellenic Observatory, LSE.
    13. Hanusch, Marek & Keefer, Philip, 2013. "Promises, promises : vote-buying and the electoral mobilization strategies of non-credible politicians," Policy Research Working Paper Series 6653, The World Bank.
    14. Pantelis Kammas & Vassilis Sarantides, 2016. "Fiscal redistribution around elections when democracy is not “the only game in town”," Public Choice, Springer, vol. 168(3), pages 279-311, September.
    15. Alessandro Bucciol & Luca Zarri, 2013. "Lying in Politics: Evidence from the US," Working Papers 22/2013, University of Verona, Department of Economics.
    16. Hanusch, Marek & Keefer, Philip, 2013. "Political budget cycles and the organization of political parties," Policy Research Working Paper Series 6654, The World Bank.
    17. Kurosaki, Takashi & Paul, Saumik & Witoelar, Firman, 2021. "Out of Communal Land: Clientelism through Delegation of Agricultural Tenancy Contracts," IZA Discussion Papers 14263, Institute of Labor Economics (IZA).
    18. Antoine Cazals & Pierre Mandon, 2015. "Political Budget Cycles: Manipulation of Leaders or Bias from Research? A Meta-Regression Analysis," CERDI Working papers halshs-01238883, HAL.
    19. Adi Brender & Allan Drazen, 2009. "Consolidation of New Democracy, Mass Attitudes, and Clientelism," American Economic Review, American Economic Association, vol. 99(2), pages 304-309, May.
    20. Manoel Bittencourt, 2012. "Democracy, populism and hyperinflation: some evidence from Latin America," Economics of Governance, Springer, vol. 13(4), pages 311-332, December.
    21. Stéphane Goutte & David Guerreiro & Bilel Sanhaji & Sophie Saglio & Julien Chevallier, 2019. "International Financial Markets," Post-Print halshs-02183053, HAL.

  7. Allan Drazen & Stefan Hubrich, 2006. "A Simple Test of the Effect of Interest Rate Defense," NBER Working Papers 12616, National Bureau of Economic Research, Inc.

    Cited by:

    1. Qin, Jing & Ge, Jintian & Lu, Xinsheng, 2018. "The effectiveness of the monetary policy in China: New evidence from long-range cross-correlation analysis and the components of multifractality," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 506(C), pages 1026-1037.
    2. Eijffinger, S.C.W. & Goderis, B.V.G., 2008. "The effect of monetary policy on exchange rates during currency crises : The role of debt, institutions and financial openness," Other publications TiSEM 4302d92e-464e-40f4-b67e-a, Tilburg University, School of Economics and Management.
    3. Viktoria Hnatkovska & Amartya Lahiri & Carlos A. Vegh, 2008. "Interest Rates and the Exchange Rate: A Non-Monotonic Tale," NBER Working Papers 13925, National Bureau of Economic Research, Inc.
    4. John C. Bluedorn & Christopher Bowdler, 2010. "The Empirics of International Monetary Transmission: Identification and the Impossible Trinity," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(4), pages 679-713, June.
    5. Teimouri, Sheida & Zietz, Joachim, 2017. "Economic costs of alternative monetary policy responses to speculative currency attacks," Journal of International Money and Finance, Elsevier, vol. 73(PB), pages 419-434.
    6. Grier, Kevin & Lin, Shu, 2010. "Do high interest rates deter speculative attacks? - Evidence and some theory," Journal of International Money and Finance, Elsevier, vol. 29(5), pages 938-950, September.
    7. Andrieș, Alin Marius & Căpraru, Bogdan & Ihnatov, Iulian & Tiwari, Aviral Kumar, 2017. "The relationship between exchange rates and interest rates in a small open emerging economy: The case of Romania," Economic Modelling, Elsevier, vol. 67(C), pages 261-274.

  8. Allan Drazen & Marcela Eslava, 2006. "Pork Barrel Cycles," NBER Working Papers 12190, National Bureau of Economic Research, Inc.

    Cited by:

    1. C. Reynolds, 2014. "State politics, tuition, and the dynamics of a political budget cycle," Empirical Economics, Springer, vol. 46(4), pages 1241-1270, June.
    2. Drazen, Allan & Eslava, Marcela, 2010. "Electoral manipulation via voter-friendly spending: Theory and evidence," Journal of Development Economics, Elsevier, vol. 92(1), pages 39-52, May.
    3. Sebastian Galiani & Nadya Hajj & Patrick J. McEwan & Pablo Ibarraran & Nandita Krishnaswamy, 2016. "Voter Response to Peak and End Transfers: Evidence from a Conditional Cash Transfer Experiment," NBER Working Papers 22588, National Bureau of Economic Research, Inc.
    4. Aleksandra Praščević, 2017. "Political Economy Of Misusing Income Distribution In The Electoral Process – Biased Pluralism Approach," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 62(214), pages 7-44, June - Se.
    5. Dahlberg, Matz & Mörk, Eva, 2008. "Is There an Election Cycle in Public Employment? Separating Time Effects from Election Year Effects," Discussion Papers 444, VATT Institute for Economic Research.
    6. Marcela Eslava, 2011. "The Political Economy Of Fiscal Deficits: A Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 25(4), pages 645-673, September.
    7. Jan Kluge & Gunther Markwardt & Christian Thater, 2015. "Self-preserving Leviathans - Evidence from Regional-level Data," CESifo Working Paper Series 5177, CESifo.
    8. González Felipe, 2013. "Can Land Reform Avoid a Left Turn? Evidence from Chile after the Cuban Revolution," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 13(1), pages 31-72, April.
    9. Adi Brender & Allan Drazen, 2004. "Political Budget Cycles in New versus Established Democracies," NBER Working Papers 10539, National Bureau of Economic Research, Inc.
    10. Acosta, Román & Cortés, Josué, 2022. "Loans and employment: Evidence from bank-specific liquidity shocks," Latin American Journal of Central Banking (previously Monetaria), Elsevier, vol. 3(2).
    11. Alberto F. Alesina & Andrea Stella, 2010. "The Politics of Monetary Policy," NBER Working Papers 15856, National Bureau of Economic Research, Inc.
    12. Allan Drazen & Nuno Limão, 2008. "A Bargaining Theory Of Inefficient Redistribution Policies," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 49(2), pages 621-657, May.
    13. Olivera, Mauricio & Pachón, Mónica & Perry, Guillermo, 2010. "The Political Economy of Fiscal Reform: The Case of Colombia, 1986-2006," IDB Publications (Working Papers) 1718, Inter-American Development Bank.
    14. Silva-Escobar, Daniel, 2022. "Conducta electoral oportunista y determinantes económicos de la reelección de alcaldes/as en Chile," Documentos de Trabajo 10, Estudios Nueva Economía.
    15. Firpo, Sergio & Ponczek, Vladimir & Sanfelice, Viviane, 2015. "The relationship between federal budget amendments and local electoral power," Journal of Development Economics, Elsevier, vol. 116(C), pages 186-198.
    16. Marcelin Joanis, 2011. "The road to power: partisan loyalty and the centralized provision of local infrastructure," Public Choice, Springer, vol. 146(1), pages 117-143, January.
    17. Petrarca, Ilaria, 2014. "No news is costly news: The link between the diffusion of the press and public spending," European Journal of Political Economy, Elsevier, vol. 34(C), pages 68-85.
    18. Álvaro Díaz, Henry Laverde, John Jairo Gómez, 2011. "Política tributaria y sus efectos sobre la distribución del ingreso en Colombia durante el siglo XX," Revista CIFE, Universidad Santo Tomás, December.
    19. Maskin, Eric & Tirole, Jean, 2019. "Pandering and pork-barrel politics," Journal of Public Economics, Elsevier, vol. 176(C), pages 79-93.
    20. Benjamin E. Diokno, 2010. "Philippine fiscal behavior in recent history," Philippine Review of Economics, University of the Philippines School of Economics and Philippine Economic Society, vol. 47(1), pages 39-87, June.
    21. Banaszewska, Monika & Bischoff, Ivo, 2021. "Grants-in-aid and election outcomes in recipient jurisdictions: The impact of EU funds on mayoral elections in Poland," European Journal of Political Economy, Elsevier, vol. 68(C).
    22. Karolina Ryszka, 2013. "Resource Extraction in a Political Economy Framework," Tinbergen Institute Discussion Papers 13-094/VIII, Tinbergen Institute.
    23. Antoine Cazals & Pierre Mandon, 2015. "Political Budget Cycles: Manipulation of Leaders or Bias from Research? A Meta-Regression Analysis," Working Papers halshs-01238883, HAL.
    24. Antoine CAZALS & Pierre MANDON, 2016. "Political Budget Cycles: Manipulation from Leaders or Manipulation from Researchers? Evidence from a Meta-Regression Analysis," Working Papers 201609, CERDI.
    25. Klomp, Jeroen, 2023. "Political budget cycles in military expenditures: A meta-analysis," Economic Analysis and Policy, Elsevier, vol. 77(C), pages 1083-1102.
    26. Prateik Dalmia & Allan Drazen & Erkut Y. Ozbay, 2020. "Reciprocity versus Reelection," NBER Working Papers 27301, National Bureau of Economic Research, Inc.
    27. Fabio Alvim Klein, 2014. "Do Opportunistic And Partisan Fiscalcycles Come Together?," Anais do XL Encontro Nacional de Economia [Proceedings of the 40th Brazilian Economics Meeting] 060, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    28. Furdas, Marina & Homolkova, Katerina & Kis-Katos, Krisztina, 2015. "Local Political Budget Cycles in a Federation: Evidence from West German Cities," IZA Discussion Papers 8798, Institute of Labor Economics (IZA).
    29. Jochimsen, Beate & Nuscheler, Robert, 2005. "The Political Economy of the German Länder Deficits," Discussion Papers 2005/6, Free University Berlin, School of Business & Economics.
    30. Antoine Cazals & Pierre Mandon, 2016. "Political Budget Cycles: Manipulation from Leaders or Manipulation from Researchers? Evidence from a Meta-Regression Analysis," Working Papers halshs-01320586, HAL.
    31. Jeroen Klomp & Jakob De Haan, 2013. "Do political budget cycles really exist?," Applied Economics, Taylor & Francis Journals, vol. 45(3), pages 329-341, January.
    32. Benjamin E. Diokno, 2008. "The Philippines : Fiscal Behavior In Recent History," UP School of Economics Discussion Papers 200804, University of the Philippines School of Economics.
    33. Milan Bednař, 2019. "Political Budget Cycles in the European Union: New Evidence of Fragmentation," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 69(4), pages 523-547, December.
    34. Christina Schneider, 2010. "Fighting with one hand tied behind the back: political budget cycles in the West German states," Public Choice, Springer, vol. 142(1), pages 125-150, January.
    35. Jakob Haan & Jeroen Klomp, 2013. "Conditional political budget cycles: a review of recent evidence," Public Choice, Springer, vol. 157(3), pages 387-410, December.
    36. Marcela Eslava & Oskar Nupia, 2010. "Political Fragmentation and Government Spending: Bringing Ideological Polarization into the Picture," Documentos CEDE 6713, Universidad de los Andes, Facultad de Economía, CEDE.
    37. Velibor Mačkić, 2014. "Političko-proračunski ciklusi na uzorku hrvatskih gradova," EFZG Working Papers Series 1401, Faculty of Economics and Business, University of Zagreb.
    38. Dušan Pavlović & Dimitros Xefteris, 2020. "Qualifying the common pool problem in government spending: the role of positional externalities," Constitutional Political Economy, Springer, vol. 31(4), pages 446-457, December.
    39. Hoyos, Alejandro & Ñopo, Hugo R., 2010. "Evolution of Gender Gaps in Latin America at the Turn of the Twentieth Century: An Addendum to "New Century, Old Disparities"," IDB Publications (Working Papers) 1803, Inter-American Development Bank.
    40. Jeroen Klomp & Jakob Haan, 2013. "Political budget cycles and election outcomes," Public Choice, Springer, vol. 157(1), pages 245-267, October.
    41. Troeger, Vera & Schneider, Christina J., 2012. "Strategic Budgeteering and Debt Allocation," CAGE Online Working Paper Series 85, Competitive Advantage in the Global Economy (CAGE).
    42. Huet-Vaughn, Emiliano, 2023. "Minimum Wages and Voting: Assessing the Political Returns to Redistribution outside the Tax System," IZA Discussion Papers 16416, Institute of Labor Economics (IZA).
    43. Jan Kluge & Gunther Markwardt & Christian Thater, 2017. "Self-Preserving Leviathans Evidence from Local-Level Data," Kyklos, Wiley Blackwell, vol. 70(4), pages 594-621, November.
    44. Israel Garcia & Bernd Hayo, 2020. "Political Budget Cycles Revisited: Testing the Signalling Process," MAGKS Papers on Economics 202014, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    45. Mattos, Enlinson & Politi, Ricardo & Morata, Rodrigo, 2021. "Birthplace favoritism and the distribution of budget amendments in Brazil: Evidence from nondistrict elections," European Journal of Political Economy, Elsevier, vol. 68(C).
    46. Mauricio Olivera & Monica Pachon & Guillermo Perry, 2010. "The Political Economy of Fiscal Reform: The Case of Colombia, 1986-2006," Research Department Publications 4674, Inter-American Development Bank, Research Department.
    47. Alizadeh, Tooran & Farid, Reza, 2017. "Political economy of telecommunication infrastructure: An investigation of the National Broadband Network early rollout and pork barrel politics in Australia," Telecommunications Policy, Elsevier, vol. 41(4), pages 242-252.
    48. Antoine Cazals & Pierre Mandon, 2015. "Political Budget Cycles: Manipulation of Leaders or Bias from Research? A Meta-Regression Analysis," CERDI Working papers halshs-01238883, HAL.
    49. Jeroen Klomp & Jakob de Haan, 2013. "Conditional Election and Partisan Cycles in Government Support to the Agricultural Sector: An Empirical Analysis," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 95(4), pages 793-818.
    50. Stéphane Goutte & David Guerreiro & Bilel Sanhaji & Sophie Saglio & Julien Chevallier, 2019. "International Financial Markets," Post-Print halshs-02183053, HAL.

  9. Allan Drazen & Marcela Eslava, 2005. "Electoral Manipulation via Expenditure Composition: Theory and Evidence," NBER Working Papers 11085, National Bureau of Economic Research, Inc.

    Cited by:

    1. Hoda Youssef, 2012. "Fiscal Manipulation in Non-democratic Regimes: The Case of Egypt," Working Papers 703, Economic Research Forum, revised 2012.
    2. Marco Bonomo & Cristina Terra, 2008. "Political Business Cycles through Lobbying," THEMA Working Papers 2008-18, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    3. Çağrı Levent Uslu, 2017. "Seat-vote elasticity and the provincial distribution of government spending in Turkey," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 7(1), pages 49-67, April.
    4. Vergne, Clémence, 2009. "Democracy, elections and allocation of public expenditures in developing countries," European Journal of Political Economy, Elsevier, vol. 25(1), pages 63-77, March.
    5. Bonomo, Marco Antônio Cesar & Terra, Maria Cristina T., 2005. "Special interests and political business cycles," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 597, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    6. Alberto Batinti & Andrea Filippetti & Luca Andriani, 2017. "Why Does Social Capital Increase Government Performance? The Role of Local Elections across Italian Municipalities," Management Working Papers 13, Birkbeck Department of Management, revised Apr 2017.
    7. Dahlberg, Matz & Mörk, Eva, 2008. "Is There an Election Cycle in Public Employment? Separating Time Effects from Election Year Effects," Discussion Papers 444, VATT Institute for Economic Research.
    8. Marcela Eslava, 2011. "The Political Economy Of Fiscal Deficits: A Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 25(4), pages 645-673, September.
    9. Marcelo Capello & David Giuliodori & Lucía Iglesias, 2019. "Los determinantes del empleo público en las provincias argentinas," Asociación Argentina de Economía Política: Working Papers 4117, Asociación Argentina de Economía Política.
    10. Adi Brender & Allan Drazen, 2004. "Political Budget Cycles in New versus Established Democracies," NBER Working Papers 10539, National Bureau of Economic Research, Inc.
    11. Raphael Almeida Videira & Enlinson Mattos, 2011. "Ciclospolíticos Eleitorais E Interação Espacial De Políticas Fiscais:Evidências Empíricas Para Os Gastos Com Investimentos, Saúde E Educaçãonos Municípios Brasileiros," Anais do XXXVIII Encontro Nacional de Economia [Proceedings of the 38th Brazilian Economics Meeting] 043, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    12. Alberto Alesina & Guido Tabellini, 2005. "Why do Politicians Delegate?," Levine's Bibliography 784828000000000470, UCLA Department of Economics.
    13. Francisco José Veiga & Linda Gonçalves Veiga, 2004. "Political Business Cycles at the Municipal Level," NIPE Working Papers 4/2004, NIPE - Universidade do Minho.
    14. Eslava, Marcela, 2006. "The Political Economy of Fiscal Policy: Survey," IDB Publications (Working Papers) 3343, Inter-American Development Bank.
    15. Bernd Hayo & Florian Neumeier, 2012. "Leaders’ Impact on Public Spending Priorities: The Case of the German Laender," Kyklos, Wiley Blackwell, vol. 65(4), pages 480-511, November.
    16. Erum, Naila & Sohag, Kazi & Said, Jamaliah & Musa, Kazi & Asghar, Muhammad Mansoor, 2024. "Governance, fiscal expenditure, and economic growth in OIC countries: Role of natural resources and information communication technology," Resources Policy, Elsevier, vol. 90(C).
    17. Jon H. Fiva & Gisle James Natvik, 2009. "Do Re-election Probabilities Influence Public Investment?," CESifo Working Paper Series 2709, CESifo.
    18. Silva-Escobar, Daniel, 2022. "Conducta electoral oportunista y determinantes económicos de la reelección de alcaldes/as en Chile," Documentos de Trabajo 10, Estudios Nueva Economía.
    19. Adriana Camacho & Emily Conover, 2009. "Manipulation of Social Program Eligibility: Detection, Explanations and Consequences for Empirical Research," Documentos CEDE 6211, Universidad de los Andes, Facultad de Economía, CEDE.
    20. Álvaro Díaz, Henry Laverde, John Jairo Gómez, 2011. "Política tributaria y sus efectos sobre la distribución del ingreso en Colombia durante el siglo XX," Revista CIFE, Universidad Santo Tomás, December.
    21. Sainan Huang & Cristina Terra, 2014. "Exchange Rate Populism," THEMA Working Papers 2014-12, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    22. Toke Aidt & Francisco Veiga & Linda Veiga, 2011. "Election results and opportunistic policies: A new test of the rational political business cycle model," Public Choice, Springer, vol. 148(1), pages 21-44, July.
    23. Rafael Santos, 2007. "Bogotá: the collapse of a political machine," Documentos CEDE 4011, Universidad de los Andes, Facultad de Economía, CEDE.
    24. Dirk Foremny & Ronny Freier & Marc-Daniel Moessinger & Mustafa Yeter, 2015. "Overlapping political budget cycles in the legislative and the executive," Working Papers 2015/1, Institut d'Economia de Barcelona (IEB).
    25. Jean Louis Combes & Christian Ebeke & Mathilde Maurel, 2015. "The effect of remittances prior to an election," Applied Economics, Taylor & Francis Journals, vol. 47(38), pages 4074-4089, August.
    26. Fabio Alvim Klein, 2014. "Do Opportunistic And Partisan Fiscalcycles Come Together?," Anais do XL Encontro Nacional de Economia [Proceedings of the 40th Brazilian Economics Meeting] 060, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    27. Furdas, Marina & Homolkova, Katerina & Kis-Katos, Krisztina, 2015. "Local Political Budget Cycles in a Federation: Evidence from West German Cities," IZA Discussion Papers 8798, Institute of Labor Economics (IZA).
    28. Jochimsen, Beate & Nuscheler, Robert, 2005. "The Political Economy of the German Länder Deficits," Discussion Papers 2005/6, Free University Berlin, School of Business & Economics.
    29. Csillag, István, 2013. "Az újraelosztáshoz horgonyzott államháztartási hiány [Deficit anchored to redistribution]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(11), pages 1234-1258.
    30. Jablanovic, Vesna D., 2013. "The Government Spending On Agribusiness Sector Model," 50th Anniversary Seminar, Agriculture and Rural Development -Challenges of Transition and Integration Processes, September 27, 2013 161816, University of Belgrade, Department of Agricultural Economics, Faculty of Agriculture.
    31. Min, Brian & Golden, Miriam, 2014. "Electoral cycles in electricity losses in India," Energy Policy, Elsevier, vol. 65(C), pages 619-625.
    32. Yuan-Hong Ho & Chiung-Ju Huang, 2013. "Presidential Election, Checks and Balances, and Allocation of Public Expenditures in Taiwan," Journal of Economics and Management, College of Business, Feng Chia University, Taiwan, vol. 9(1), pages 31-53, January.
    33. Marcela Eslava & Oskar Nupia, 2010. "Political Fragmentation and Government Spending: Bringing Ideological Polarization into the Picture," Documentos CEDE 6713, Universidad de los Andes, Facultad de Economía, CEDE.
    34. Rafael José Santos Villagran, 2007. "Bogotá, El Colapso de una Maquinaria Política," Economic Analysis Working Papers (2002-2010). Atlantic Review of Economics (2011-2016), Colexio de Economistas de A Coruña, Spain and Fundación Una Galicia Moderna, vol. 6, pages 1-28, December.
    35. Velibor Mačkić, 2014. "Političko-proračunski ciklusi na uzorku hrvatskih gradova," EFZG Working Papers Series 1401, Faculty of Economics and Business, University of Zagreb.
    36. Linda Gonçalves Veiga & Francisco José Veiga, 2006. "Does Opportunism Pay Off?," NIPE Working Papers 5/2006, NIPE - Universidade do Minho.
    37. Motta Café, Renata, 2024. "Access to Loans and Local Development: Evidence from Brazilian Municipalities," IDB Publications (Working Papers) 13819, Inter-American Development Bank.
    38. Chalil, Tengku Munawar, 2018. "Political Cycles, Government Spending, and Efficiency of Indonesia' Local Governments," MPRA Paper 88082, University Library of Munich, Germany.
    39. Meloni, Osvaldo, 2012. "Is there an electoral-motivated crime rate cycle? Evidence from Argentina," MPRA Paper 40177, University Library of Munich, Germany.
    40. Alberto Vaquero-García & María Cadaval-Sampedro & Santiago Lago-Peñas, 2022. "Do Political Factors Affect Fiscal Consolidation? Evidence From Spanish Regional Governments," SAGE Open, , vol. 12(1), pages 21582440221, March.
    41. Sebri, Maamar & Issoufou Ahmed, Ousseini & Dachraoui, Hajer, 2023. "Public spending and the resource curse in WAEMU countries: An asymmetry analysis using the hidden cointegration and non-linear panel ARDL framework," Resources Policy, Elsevier, vol. 82(C).
    42. Troeger, Vera & Schneider, Christina J., 2012. "Strategic Budgeteering and Debt Allocation," CAGE Online Working Paper Series 85, Competitive Advantage in the Global Economy (CAGE).
    43. Meloni, Osvaldo, 2011. "Budget Manipulation and Vertical Fiscal Imbalance," MPRA Paper 50694, University Library of Munich, Germany.
    44. Sebastián Nieto Parra & Javier Santiso, 2008. "Wall Street and Elections in Latin American Emerging Economies," OECD Development Centre Working Papers 272, OECD Publishing.
    45. Toke S. Aidt & Francisco José Veiga & Linda Gonçalves Veiga, 2007. "Election Results and Opportunistic Policies: An Integrated Approach," NIPE Working Papers 24/2007, NIPE - Universidade do Minho.
    46. Maria Manuel Pinho, 2008. "The political economy of public spending composition: evidence from a panel of OECD countries," FEP Working Papers 295, Universidade do Porto, Faculdade de Economia do Porto.
    47. Alizadeh, Tooran & Farid, Reza, 2017. "Political economy of telecommunication infrastructure: An investigation of the National Broadband Network early rollout and pork barrel politics in Australia," Telecommunications Policy, Elsevier, vol. 41(4), pages 242-252.
    48. Sohag, Kazi & Riad Shams, S.M. & Darusalam, Darusalam & Devalle, Alain, 2021. "Information digitalisation and local institutional agility: evidence from ASEAN countries," Technological Forecasting and Social Change, Elsevier, vol. 172(C).
    49. Bernardo P. Schettini & Rafael Terra, 2020. "Electoral incentives and Public Employees’ Retirement Systems in Brazilian municipalities," Public Choice, Springer, vol. 184(1), pages 79-103, July.
    50. Abel L. Costa Fernandes & Paulo R. Mota, 2012. "The Present Sovereign Debt Crisis Of The Euro Zone Peripheral Countries: A Case Of Non-Mature Democracies And Less Developed Economies," FEP Working Papers 458, Universidade do Porto, Faculdade de Economia do Porto.
    51. Beate Jochimsen & Robert Nuscheler, 2011. "The political economy of the German Lander deficits: weak governments meet strong finance ministers," Applied Economics, Taylor & Francis Journals, vol. 43(19), pages 2399-2415.

  10. Adi Brender & Allan Drazen, 2005. "How Do Budget Deficits and Economic Growth Affect Reelection Prospects? Evidence from a Large Cross-Section of Countries," NBER Working Papers 11862, National Bureau of Economic Research, Inc.

    Cited by:

    1. Sakurai, Sergio N. & Menezes, Naercio A., 2008. "Fiscal policy and reelection in Brazilian municipalities," Insper Working Papers wpe_117, Insper Working Paper, Insper Instituto de Ensino e Pesquisa.
    2. Peter Kukuk & Adam Gersl, 2011. "Political Pressure on the National Bank of Slovakia," Working Papers IES 2011/29, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Sep 2011.
    3. Eslava, Marcela, 2006. "The Political Economy of Fiscal Policy: Survey," IDB Publications (Working Papers) 3343, Inter-American Development Bank.
    4. Khemani, Stuti & Wane, Waly, 2008. "Populist fiscal policy," Policy Research Working Paper Series 4762, The World Bank.
    5. Axel Dreher & Roland Vaubel, 2005. "Foreign Exchange Intervention And The Political Business Cycle: A Panel Data Analysis," International Finance 0505009, University Library of Munich, Germany.
    6. Eslava, Marcela & Streb, Jorge M., 2011. "Comments," LSE Research Online Documents on Economics 123271, London School of Economics and Political Science, LSE Library.
    7. Eduardo Lora, 2008. "El futuro de los pactos fiscales en América Latina," Research Department Publications 4614, Inter-American Development Bank, Research Department.
    8. Alex Ferreira & Sérgio Naruhiko Sakurai, 2009. "Personal Charisma or the Economy? Macroeconomic Indicators of Presidential Approval Ratings in Brazil," Working Papers 09_09, Universidade de São Paulo, Faculdade de Economia, Administração e Contabilidade de Ribeirão Preto.
    9. Paulo Arvate & Vladimir Ponczek, 2008. "Municipality secession, voter’s preference and persistence of power," Working Papers 08_07, Universidade de São Paulo, Faculdade de Economia, Administração e Contabilidade de Ribeirão Preto.
    10. Marco Buti & Alessandro Turrini & Paul Noord & Pietro Biroli, 2009. "Defying the ‘Juncker curse’: can reformist governments be re-elected?," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 36(1), pages 65-100, February.
    11. Tavares, José & Arvate, Paulo & Avelino, George, 2008. "Fiscal Conservatism in a New Democracy: 'Sophisticated' versus 'Naïve' Voters," CEPR Discussion Papers 6931, C.E.P.R. Discussion Papers.
    12. Dreher, Axel & Lamla, Michael J. & Lein, Sarah M. & Somogyi, Frank, 2009. "The impact of political leaders' profession and education on reforms," Journal of Comparative Economics, Elsevier, vol. 37(1), pages 169-193, March.
    13. Arvate, Paulo Roberto & Avelino, George & Tavares, José, 2009. "Fiscal conservatism in a new democracy: "Sophisticated" versus "naïve" voters," Economics Letters, Elsevier, vol. 102(2), pages 125-127, February.
    14. Carlos Eduardo Soares Gonçalves & Fernando Roberto Fenolio, 2007. "Ciclos Eleitorais E Política Monetária: Evidências Para O Brasil," Anais do XXXV Encontro Nacional de Economia [Proceedings of the 35th Brazilian Economics Meeting] 107, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    15. Hyungon Kim & Chang Kwon, 2015. "The Effects of Fiscal Consolidation and Welfare Composition of Spending on Electoral Outcomes: Evidence from US Gubernatorial Elections between 1978 and 2006," New Political Economy, Taylor & Francis Journals, vol. 20(2), pages 228-253, April.
    16. Paulo Roberto Arvate & George Avelino & José A. Tavares, 2007. "Budget Deficits And Reelection Prospects: Voters As Fiscal Conservatives In A New Democracy," Anais do XXXV Encontro Nacional de Economia [Proceedings of the 35th Brazilian Economics Meeting] 106, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    17. Hlavac, Marek, 2008. "Fundamental Tax Reform: The Growth and Utility Effects of a Revenue-Neutral Flat Tax," MPRA Paper 24241, University Library of Munich, Germany.
    18. Sami Alpanda & Adam Honig, 2009. "The Impact of Central Bank Independence on Political Monetary Cycles in Advanced and Developing Nations," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 41(7), pages 1365-1389, October.

  11. Allan Drazen & Nuno Limão, 2004. "Government Gains from Self-Restraint: A Bargaining Theory of Inefficient Redistribution," NBER Working Papers 10375, National Bureau of Economic Research, Inc.

    Cited by:

    1. Börner, Kira, 2004. "Political Economy Reasons for Government Inertia: The Role of Interest Groups in the Case of Access to Medicines," Discussion Papers in Economics 313, University of Munich, Department of Economics.
    2. Christian Broda & Nuno Limão & David Weinstein, 2006. "Optimal Tariffs: The Evidence," NBER Working Papers 12033, National Bureau of Economic Research, Inc.
    3. Aysan, Ahmet Faruk, 2005. "The Shadowing Role of Redistributive Institutions in the Relationship Between Income Inequality and Redistribution," MPRA Paper 17772, University Library of Munich, Germany.
    4. Aysan, Ahmet Faruk, 2005. "The Role of Efficiency of Redistributive Institutions on Redistribution: An Empirical Assessment," MPRA Paper 17773, University Library of Munich, Germany.
    5. Boerner, Kira, 2005. "Having Everyone in the Boat May Sink it - Interest Group Involvement and Policy Reforms," Discussion Papers in Economics 730, University of Munich, Department of Economics.
    6. Amihai Glazer & Stef Proost, 2008. "Capital-Intensive Projects Induce More Effort Than Labor-Intensive Projects," Working Papers 080913, University of California-Irvine, Department of Economics.
    7. Amin, Mohammad & Mattoo, Aaditya, 2006. "Can guest worker schemes reduce illegal migration ?," Policy Research Working Paper Series 3828, The World Bank.
    8. Drazen, Allan & Limao, Nuno & Stratmann, Thomas, 2007. "Political contribution caps and lobby formation: Theory and evidence," Journal of Public Economics, Elsevier, vol. 91(3-4), pages 723-754, April.

  12. Allan Drazen & Nuno Limão & Thomas Stratman, 2004. "Political Contribution Caps and Lobby Formation: Theory and Evidence," NBER Working Papers 10928, National Bureau of Economic Research, Inc.

    Cited by:

    1. Schnakenberg, Keith & Turner, Ian R, 2023. "Formal Theories of Special Interest Influence," SocArXiv 47e26, Center for Open Science.
    2. Martimort, David, 2019. ""When Olson Meets Dahl": From Inefficient Groups Formation to Inefficient Policy-Making," CEPR Discussion Papers 13843, C.E.P.R. Discussion Papers.
    3. Cartwright, Edward & Patel, Amrish, 2013. "How category reporting can improve fundraising," Journal of Economic Behavior & Organization, Elsevier, vol. 87(C), pages 73-90.
    4. Zudenkova, Galina, 2010. "Sincere Lobby Formation," Working Papers 2072/151545, Universitat Rovira i Virgili, Department of Economics.
    5. Christopher Cotton, 2008. "Should We Tax or Cap Political Contributions? A Lobbying Model with Policy Favors and Access," Working Papers 0901, University of Miami, Department of Economics.
    6. Cotton, Christopher, 2012. "Pay-to-play politics: Informational lobbying and contribution limits when money buys access," Journal of Public Economics, Elsevier, vol. 96(3), pages 369-386.
    7. Ivan Pastine & Tuvana Pastine, 2006. "Politician preferences and caps on political lobbying," Working Papers 200619, School of Economics, University College Dublin.
    8. Ujhelyi, Gergely, 2009. "Campaign finance regulation with competing interest groups," Journal of Public Economics, Elsevier, vol. 93(3-4), pages 373-391, April.
    9. Thomas Stratmann, 2005. "Some talk: Money in politics. A (partial) review of the literature," Public Choice, Springer, vol. 124(1), pages 135-156, July.
    10. Theilen Bernd, 2008. "Lobbying and Contract Delegation in Public Procurement," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 8(1), pages 1-35, September.
    11. Cheng Li & Christopher Cotton, 2016. "Clueless Politicians," Working Paper 1341, Economics Department, Queen's University.
    12. Zudenkova Galina, 2017. "Lobbying as a Guard against Extremism," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 17(1), pages 1-17, January.
    13. Tatyana Chesnokova, 2010. "Lobby Interaction and Trade Policy," School of Economics and Public Policy Working Papers 2010-04, University of Adelaide, School of Economics and Public Policy.
    14. Li, Qing & Liu, Qigui & Ma, Shiguang & Tian, Gary Gang, 2019. "Loan financing and investment in princeling-backed firms," Pacific-Basin Finance Journal, Elsevier, vol. 56(C), pages 71-92.
    15. Christopher Cotton, 2010. "Pay-to-Play Politics: Informational lobbying and campaign finance reform when contributions buy access," Working Papers 2010-22, University of Miami, Department of Economics.
    16. Kim Leonie Kellermann, 2022. "Political inequality, political participation, and support for populist parties," Constitutional Political Economy, Springer, vol. 33(4), pages 461-482, December.
    17. Petrova, Maria & Yildirim, Pinar & Sen, Ananya, 2017. "Social Media and Political Donations: New Technology and Incumbency Advantage in the United States," CEPR Discussion Papers 11808, C.E.P.R. Discussion Papers.
    18. Henry L. Friedman & Mirko S. Heinle, 2020. "Influence Activities, Coalitions, and Uniform Policies: Implications for the Regulation of Financial Institutions," Management Science, INFORMS, vol. 66(9), pages 4336-4358, September.
    19. Edward Cartwright & Amrish Patel, 2009. "Does category reporting increase donations to charity? A signalling game approach," Studies in Economics 0924, School of Economics, University of Kent.
    20. Drazen, Allan & Limao, Nuno & Stratmann, Thomas, 2007. "Political contribution caps and lobby formation: Theory and evidence," Journal of Public Economics, Elsevier, vol. 91(3-4), pages 723-754, April.
    21. Peter Grajzl, 2011. "A property rights approach to legislative delegation," Economics of Governance, Springer, vol. 12(2), pages 177-200, June.

  13. Adi Brender & Allan Drazen, 2004. "Political Budget Cycles in New versus Established Democracies," NBER Working Papers 10539, National Bureau of Economic Research, Inc.

    Cited by:

    1. Ms. Juliana Dutra Araujo, 2009. "Fiscal Cycles in the Caribbean," IMF Working Papers 2009/158, International Monetary Fund.
    2. Eric Dubois, 2016. "Political business cycles 40 years after Nordhaus," Public Choice, Springer, vol. 166(1), pages 235-259, January.
    3. Potrafke, Niklas, 2010. "The growth of public health expenditures in OECD countries: Do government ideology and electoral motives matter?," Journal of Health Economics, Elsevier, vol. 29(6), pages 797-810, December.
    4. Paulo Reis Mourao, 2008. "Towards a Puviani’s Fiscal Illusion Index," Hacienda Pública Española / Review of Public Economics, IEF, vol. 187(4), pages 49-86, December.
    5. Chrysanthakopoulos, Christos & Tagkalakis, Athanasios, 2023. "The effects of fiscal institutions on fiscal adjustment," Journal of International Money and Finance, Elsevier, vol. 134(C).
    6. Hoda Youssef, 2012. "Fiscal Manipulation in Non-democratic Regimes: The Case of Egypt," Working Papers 703, Economic Research Forum, revised 2012.
    7. Manjhi, Ganesh & Keswani Mehra, Meeta, 2016. "Center-State Political Transfer Cycles in India," MPRA Paper 70784, University Library of Munich, Germany.
    8. Csillag, István, 2009. "Van-e visszaút?. A gazdasági növekedés tényezőit felemésztő koraszülött jóléti állam [Is there any way out?. How a premature welfare state feeds on the factors conducive to economic growth]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(7), pages 648-672.
    9. Michal Plaček & Milan Půček & František Ochrana & Milan Křápek & Lenka Matějová, 2016. "Political Business Cycle in the Czech Republic: Case of Municipalities," Prague Economic Papers, Prague University of Economics and Business, vol. 2016(3), pages 304-320.
    10. Anna Lo Prete & Elsa Fornero, 2017. "“Voting in the aftermath of a pension reform: the role of financial literacy”," CeRP Working Papers 171, Center for Research on Pensions and Welfare Policies, Turin (Italy).
    11. C. Reynolds, 2014. "State politics, tuition, and the dynamics of a political budget cycle," Empirical Economics, Springer, vol. 46(4), pages 1241-1270, June.
    12. Braendle, Thomas & Colombier, Carsten, 2015. "What Drives Public Health Care Expenditure Growth? Evidence from Swiss Cantons, 1970-2012," Working papers 2015/12, Faculty of Business and Economics - University of Basel.
    13. Mohamed Boly & Jean-Louis Combes & Pascale Combes Motel, 2019. "How much does environment pay for politicians?," Post-Print halshs-02316151, HAL.
    14. Bircan, Çağatay & Saka, Orkun, 2019. "Lending cycles and real outcomes: Costs of political misalignment," BOFIT Discussion Papers 1/2019, Bank of Finland Institute for Emerging Economies (BOFIT).
    15. Marco Bonomo & Cristina Terra, 2008. "Political Business Cycles through Lobbying," THEMA Working Papers 2008-18, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    16. Christian Hubert Ebeke & Mireille S. Ntsama Etoundi, 2011. "Presidential elections and the manipulation of exam success rate in Sub-Saharan Africa," Working Papers halshs-00597521, HAL.
    17. Neugart, Michael & Rode, Johannes, 2019. "Voting after a Major Flood: Is there a Link between Democratic Experience and Retrospective Voting?," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 119282, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    18. Chiu, Eric M.P., 2020. "Reexamining the Macroeconomic Policy Cycle in Taiwan: Evidence from the Central Bank’s Monetary Reaction Function," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 61(2), pages 89-110, December.
    19. Marcus Drometer & Romuald Méango, 2020. "Electoral cycles, partisan effects and US naturalization policies," Public Choice, Springer, vol. 183(1), pages 43-68, April.
    20. Drazen, Allan & Eslava, Marcela, 2010. "Electoral manipulation via voter-friendly spending: Theory and evidence," Journal of Development Economics, Elsevier, vol. 92(1), pages 39-52, May.
    21. Pablo Garofalo & Daniel Lema & Jorge M. Streb, 2020. "Political budget cycles and voting within a federal country: The influence of political alignment," Economics and Politics, Wiley Blackwell, vol. 32(2), pages 305-334, July.
    22. Brändle, Thomas & Elsener, Marc, 2023. "Do fiscal rules matter? A survey on recent evidence," Working papers 2023/07, Faculty of Business and Economics - University of Basel.
    23. Mechtel, Mario & Potrafke, Niklas, 2013. "Electoral cycles in active labor market policies," Munich Reprints in Economics 19249, University of Munich, Department of Economics.
    24. Mr. Christian H Ebeke & Miss Dilan Ölcer, 2013. "Fiscal Policy over the Election Cycle in Low-Income Countries," IMF Working Papers 2013/153, International Monetary Fund.
    25. Rabia Nazir & Muhammad Nasir & Idrees Khawaja, 2022. "Political Budget Cycle: A Sub-National Evidence from Pakistan," Journal of Business Cycle Research, Springer;Centre for International Research on Economic Tendency Surveys (CIRET), vol. 18(3), pages 343-367, November.
    26. Marco Bonomo & Cristina Terra, 2010. "Electoral Cycles Through Lobbying," Economics and Politics, Wiley Blackwell, vol. 22(3), pages 446-470, November.
    27. Baldi, Guido & Forster, Stephan, 2020. "Political Budget Cycles: Evidence from Swiss Cantons," MPRA Paper 99397, University Library of Munich, Germany.
    28. Markus Leibrecht & Joelle H. Fiong, 2017. "Economic Crises and Globalisation as Drivers of Pension Privatisation: an Empirical Analysis," ICMA Centre Discussion Papers in Finance icma-dp2017-05, Henley Business School, University of Reading.
    29. Drometer, Marcus & Méango, Romuald, 2015. "Electoral cycles, partisan effects and U.S. immigration policies," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 113052, Verein für Socialpolitik / German Economic Association.
    30. Tóth, Csaba G., 2017. "Own or inherited? The effect of national fiscal rules after changes of government," MPRA Paper 81178, University Library of Munich, Germany.
    31. Bernd Hayo & Florian Neumeier, 2016. "Political Leaders' Socioeconomic Background and Public Budget Deficits: Evidence from OECD Countries," Economics and Politics, Wiley Blackwell, vol. 28(1), pages 55-78, March.
    32. Alberto Alesina & Dorian Carloni & Giampaolo Lecce, 2012. "The Electoral Consequences of Large Fiscal Adjustments," NBER Chapters, in: Fiscal Policy after the Financial Crisis, pages 531-570, National Bureau of Economic Research, Inc.
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    321. Kono, Tatsuhito & Kitamura, Naoki & Yamasaki, Kiyoshi & Iwakami, Kazuki, 2016. "Quantitative Analysis of Dynamic Inconsistencies in Infrastructure Planning: An example of coastal levee improvement," MPRA Paper 107920, University Library of Munich, Germany.
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    324. Cousins, Mel, 2007. "Political budget cycles and social security budget increases in the Republic of Ireland, 1923-2005," MPRA Paper 5359, University Library of Munich, Germany.
    325. Arslan Razmi, 2018. "Politics-Driven Exchange Rate Cycles : East Asia vs. Latin America," UMASS Amherst Economics Working Papers 2018-14, University of Massachusetts Amherst, Department of Economics.
    326. Dušan Pavlović & Dimitros Xefteris, 2020. "Qualifying the common pool problem in government spending: the role of positional externalities," Constitutional Political Economy, Springer, vol. 31(4), pages 446-457, December.
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    386. Ya Zhao & Lennon H. T. Choy & Kwong Wing Chau, 2023. "Political Circles and Land Supply for the Service and Industrial Sectors: Evidence from 284 Cities in China," Land, MDPI, vol. 12(3), pages 1-16, February.
    387. Stephen Kaplan, 2016. "Fighting Past Economic Wars: Crisis and Austerity in Latin America," Working Papers 2015-13, The George Washington University, Institute for International Economic Policy.
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    389. Jochimsen, Beate Regina & Lehmann, Robert, 2015. "Do OECD countries cheat with their national tax revenue forecasts?," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 113089, Verein für Socialpolitik / German Economic Association.
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    392. Pi-Han Tsai, 2016. "Fiscal incentives and political budget cycles in China," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 23(6), pages 1030-1073, December.
    393. Lee, Dongwon & Min, Sujin & Park, Sangwon, 2024. "Political budget cycle and the alignment effect: Evidence from South Korea," European Journal of Political Economy, Elsevier, vol. 81(C).
    394. Rodriguez, Francisco, 2020. "The political economy of Maduro’s economic policies," MPRA Paper 105121, University Library of Munich, Germany.
    395. Asfaha, Samuel, 2007. "National Revenue Funds: Their Efficacy for Fiscal Stability and Intergenerational Equity," MPRA Paper 7656, University Library of Munich, Germany.
    396. Juncheng Feng & Rui Hao & Yang Li & Kezhong Zhang, 2012. "The Effect of Leadership Transition on Government Expenditure: Evidence from China," Annals of Economics and Finance, Society for AEF, vol. 13(1), pages 91-112, May.
    397. Paulo Reis Mourao,Ph.D, 2011. "Sins of the elder: Fiscal illusion in democracies," Hacienda Pública Española / Review of Public Economics, IEF, vol. 196(1), pages 9-35, january.
    398. Isadora Sánchez-Torné & Macarena Pérez-Suárez & Juan Carlos Morán-Álvarez, 2020. "Una comparativa de la innovación de Espana y Rusia: ¿políticas bilaterales para la innovación?," Revista Finanzas y Politica Economica, Universidad Católica de Colombia, vol. 12(1), pages 201-233, June.
    399. Xi, Tianyang & Yao, Yang & Zhang, Muyang, 2018. "Capability and opportunism: Evidence from city officials in China," Journal of Comparative Economics, Elsevier, vol. 46(4), pages 1046-1061.
    400. Balaguer-Coll, Maria Teresa & Brun-Martos, María Isabel & Forte, Anabel & Tortosa-Ausina, Emili, 2015. "Local governments' re-election and its determinants: New evidence based on a Bayesian approach," European Journal of Political Economy, Elsevier, vol. 39(C), pages 94-108.
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    407. Indaco, Agustín, 2019. "From Twitter to GDP: Estimating Economic Activity From Social Media," MPRA Paper 95885, University Library of Munich, Germany.
    408. Sami Alpanda & Adam Honig, 2009. "The Impact of Central Bank Independence on Political Monetary Cycles in Advanced and Developing Nations," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 41(7), pages 1365-1389, October.
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    410. Adi Brender & Allan Drazen, 2009. "Consolidation of New Democracy, Mass Attitudes, and Clientelism," American Economic Review, American Economic Association, vol. 99(2), pages 304-309, May.
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  14. Allan Drazen & Peter Isard, 2004. "Can Public Discussion Enhance Program Ownership?," NBER Working Papers 10927, National Bureau of Economic Research, Inc.

    Cited by:

    1. Armenia ANDRONICEANU & Gurgen OHANYAN, 2015. "Cooperation between European Governments and the IMF: Conditionality Impact on Employment within the EU," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 16(3), pages 324-334, July.
    2. Silvia Marchesi & Laura Sabani & Axel Dreher, 2009. "Read my Lips: the Role of Information Transmission in multilateral reform design," Development Working Papers 274, Centro Studi Luca d'Agliano, University of Milano.
    3. Silva Marchesi & Laura Sabani & Axel Dreher, 2009. "Agency and communication in IMF conditional lending: theory and empirical evidence," Ibero America Institute for Econ. Research (IAI) Discussion Papers 183, Ibero-America Institute for Economic Research.
    4. Graham Bird, "undated". "The IMF: A Bird's Eye View of its Role and Operations," School of Economics Discussion Papers 0407, School of Economics, University of Surrey, revised Jan 2007.
    5. Martin S. Edwards, 2009. "Public support for the international economic organizations: Evidence from developing countries," The Review of International Organizations, Springer, vol. 4(2), pages 185-209, June.
    6. Bernhard Reinsberg & Thomas Stubbs & Alexander Kentikelenis, 2022. "Compliance, defiance, and the dependency trap: International Monetary Fund program interruptions and their impact on capital markets," Regulation & Governance, John Wiley & Sons, vol. 16(4), pages 1022-1041, October.
    7. Dabrowski, Marek & Radziwill, Artur, 2007. "Regional vs. Global Public Goods: The Case of Post-Communist Transition," MPRA Paper 11967, University Library of Munich, Germany.
    8. Shinji Takagi, 2010. "Applying the Lessons of Asia: The IMF’s Crisis Management Strategy in 2008," Working Papers id:3006, eSocialSciences.
    9. Oscar Calvo-Gonzalez, 2007. "Ownership and conditionality in IMF-supported programs: Back to Per Jacobsson’s time," The Review of International Organizations, Springer, vol. 2(4), pages 329-343, December.
    10. Shinji Takagi, 2010. "Applying the Lessons of Asia : The IMF’s Crisis Management Strategy in 2008," Macroeconomics Working Papers 22822, East Asian Bureau of Economic Research.
    11. Accetturo, Antonio & de Blasio, Guido, 2012. "Policies for local development: An evaluation of Italy's “Patti Territoriali”," Regional Science and Urban Economics, Elsevier, vol. 42(1-2), pages 15-26.
    12. Carsten Hefeker, 2006. "Project Aid or Budget Aid? The Interests of Governments and Financial Institutions," Review of Development Economics, Wiley Blackwell, vol. 10(2), pages 241-252, May.
    13. Martin Edwards, 2009. "Public support for the international economic organizations: Evidence from developing countries," The Review of International Organizations, Springer, vol. 4(2), pages 185-209, June.
    14. Artur Radziwill & Pawel Smietanka, 2009. "EU's Eastern Neighbours: Institutional Harmonisation and Potential Growth Bonus," CASE Network Studies and Analyses 0386, CASE-Center for Social and Economic Research.

  15. Drazen, Allan, 2002. "Conditionality and Ownership in IMF Lending: A Political Economy Approach," CEPR Discussion Papers 3562, C.E.P.R. Discussion Papers.

    Cited by:

    1. Armenia ANDRONICEANU & Gurgen OHANYAN, 2015. "Cooperation between European Governments and the IMF: Conditionality Impact on Employment within the EU," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 16(3), pages 324-334, July.
    2. Silvia Marchesi & Laura Sabani & Axel Dreher, 2009. "Read my Lips: the Role of Information Transmission in multilateral reform design," Development Working Papers 274, Centro Studi Luca d'Agliano, University of Milano.
    3. Mr. Alex Mourmouras & Mr. Peter Rangazas, 2004. "Conditional Lending Under Altruism," IMF Working Papers 2004/100, International Monetary Fund.
    4. Silvia Marchesi & Laura Sabani, 2007. "IMF concern for reputation and conditional lending failure: theory and empirics," Working Papers 114, University of Milano-Bicocca, Department of Economics, revised 2007.
    5. Noland, Marcus & Haggard, Stephan, 2007. "Famine in North Korea: Markets, Aid, and Reform," MPRA Paper 92548, University Library of Munich, Germany.
    6. Graham Bird, "undated". "The IMF: A Bird's Eye View of its Role and Operations," School of Economics Discussion Papers 0407, School of Economics, University of Surrey, revised Jan 2007.
    7. Ozlem Arpac & Graham Bird, 2009. "Turkey and the IMF: A case study in the political economy of policy implementation," The Review of International Organizations, Springer, vol. 4(2), pages 135-157, June.
    8. Dreher, Axel & Langlotz, Sarah & Marchesi, Silvia, 2016. "Information transmission and ownership consolidation in aid programs," CEPR Discussion Papers 11443, C.E.P.R. Discussion Papers.
    9. James Boyce, 2008. "Post-Conflict Recovery: Resource Mobilization and Peacebuilding," Working Papers wp159, Political Economy Research Institute, University of Massachusetts at Amherst.
    10. Gonçalves, Carlos Eduardo & Guimaraes, Bernardo, 2015. "Sovereign default risk and commitment for fiscal adjustment," Journal of International Economics, Elsevier, vol. 95(1), pages 68-82.
    11. Sara Kahn-Nisser, 2013. "Conditionality, Communication and Compliance: The Effect of Monitoring on Collective Labour Rights in Candidate Countries," Journal of Common Market Studies, Wiley Blackwell, vol. 51(6), pages 1040-1056, November.
    12. Andrea Goldstein & Alessia Amighini & Jeffry A. Frieden, 2016. "Macroeconomic Rebalancing in China and the G20," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 24(4), pages 15-33, July.
    13. Ms. Uma Ramakrishnan & Mr. Alun H. Thomas, 2006. "The Incidence and Effectiveness of Prior Actions in IMF-supported Programs," IMF Working Papers 2006/213, International Monetary Fund.
    14. Axel Dreher, 2008. "IMF Conditionality: Theory and Evidence," KOF Working papers 08-188, KOF Swiss Economic Institute, ETH Zurich.
    15. Calliope Spanou, 2016. "Policy conditionality, structural adjustment and the domestic policy system. Conceptual framework and research agenda," RSCAS Working Papers 2016/60, European University Institute.
    16. Michaelowa, Katharina & Hefeker, Carsten, 2003. "Can Process Conditionality Enhance Aid Effectiveness? The Role of Bureaucratic Interest and Public Pressure," HWWA Discussion Papers 239, Hamburg Institute of International Economics (HWWA).
    17. Krishna Chaitanya Vadlamannati & Samuel Brazys, 2023. "Does cultural diversity hinder the implementation of IMF-supported programs? An empirical investigation," The Review of International Organizations, Springer, vol. 18(1), pages 87-116, January.
    18. Andrea Filippo Presbitero, 2009. "Debt Relief Effectiveness and Institution Building," Mo.Fi.R. Working Papers 15, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
    19. Hannes Öhler & Peter Nunnenkamp & Axel Dreher, 2011. "Does Conditionality Work? A Test for an Innovative US Aid Scheme," CESifo Working Paper Series 3454, CESifo.
    20. Chwieroth, Jeffrey, 2012. ""The silent revolution": how the staff exercise informal governance over IMF lending," LSE Research Online Documents on Economics 46623, London School of Economics and Political Science, LSE Library.
    21. Graham Bird, 2008. "The implementation of IMF programs: A conceptual framework," The Review of International Organizations, Springer, vol. 3(1), pages 41-64, March.
    22. Oscar Calvo-Gonzalez, 2007. "Ownership and conditionality in IMF-supported programs: Back to Per Jacobsson’s time," The Review of International Organizations, Springer, vol. 2(4), pages 329-343, December.
    23. Mr. Rodney Ramcharan, 2002. "How Does Conditional Aid (Not) Work?," IMF Working Papers 2002/183, International Monetary Fund.
    24. Mr. James M. Boughton & Mr. Alex Mourmouras, 2002. "Is Policy Ownership An Operational Concept?," IMF Working Papers 2002/072, International Monetary Fund.
    25. Spiros Bougheas & Indraneel Dasgupta & Oliver Morrissey, 2007. "Tough love or unconditional charity?," Oxford Economic Papers, Oxford University Press, vol. 59(4), pages 561-582, October.
    26. Hassan Naqvi, 2014. "IMF Conditionality and the Intertemporal Allocation of Resources," International Review of Finance, International Review of Finance Ltd., vol. 14(2), pages 203-235, June.
    27. ORASTEAN Ramona, 2014. "The Lending Arrangements Of The Imf In European Union In Times Of Crisis – Characteristics And Evolutions," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 9(1), pages 134-141, April.
    28. Jorra, Markus, 2012. "The effect of IMF lending on the probability of sovereign debt crises," Journal of International Money and Finance, Elsevier, vol. 31(4), pages 709-725.
    29. Daron Acemoglu & James A. Robinson, 2013. "Economics versus Politics: Pitfalls of Policy Advice," Journal of Economic Perspectives, American Economic Association, vol. 27(2), pages 173-192, Spring.
    30. Mr. Rodney Ramcharan, 2003. "Reputation, Debt, and Policy Conditionality," IMF Working Papers 2003/192, International Monetary Fund.
    31. Mr. Alex Mourmouras & Anna Ivanova & Mr. George C Anayiotos & Mr. Wolfgang Mayer, 2003. "What Determines the Implementation of IMF-Supported Programs?," IMF Working Papers 2003/008, International Monetary Fund.
    32. Weithoner, Thomas, 2006. "How can IMF policy eliminate country moral hazard and account for externalities?," Journal of International Money and Finance, Elsevier, vol. 25(8), pages 1257-1276, December.
    33. Anton Malkin & Bessma Momani, 2016. "An Effective Asian Infrastructure Investment Bank: A Bottom Up Approach," Global Policy, London School of Economics and Political Science, vol. 7(4), pages 521-530, November.
    34. Temple, Jonathan R.W., 2010. "Aid and Conditionality," Handbook of Development Economics, in: Dani Rodrik & Mark Rosenzweig (ed.), Handbook of Development Economics, edition 1, volume 5, chapter 0, pages 4415-4523, Elsevier.
    35. Molly Bauer & Cesi Cruz & Benjamin Graham, 2012. "Democracies only: When do IMF agreements serve as a seal of approval?," The Review of International Organizations, Springer, vol. 7(1), pages 33-58, March.
    36. Drazen, Allan & Limão, Nuno, 2003. "Government Gains from Self-Restraint: A Bargaining Theory of Inefficient Redistribution Policies," CEPR Discussion Papers 4007, C.E.P.R. Discussion Papers.
    37. Silvia Marchesi & Laura Sabani, 2005. "Prolonged Use and Conditionality Failure: Investigating the IMF Responsibility," Development Working Papers 202, Centro Studi Luca d'Agliano, University of Milano.
    38. Nikitas Konstantinidis & Yannis Karagiannis, 2020. "Intrinsic vs. extrinsic incentives for reform: An informational mechanism of E(M)U conditionality," The Review of International Organizations, Springer, vol. 15(3), pages 601-632, July.
    39. Mr. Wolfgang Mayer & Mr. Alex Mourmouras, 2005. "On the Viability of Conditional Assistance Programs," IMF Working Papers 2005/121, International Monetary Fund.
    40. Rodney Ramcharan, 2004. "Debt “Hold Up†and International Lending," Econometric Society 2004 Far Eastern Meetings 462, Econometric Society.
    41. Ablam Estel Apeti & Kwamivi Mawuli Gomado, 2024. "International monetary fund conditionality and structural reforms: Evidence from developing countries," Post-Print hal-04723871, HAL.
    42. Graham Bird, 2003. "The Implementation of IMF Programmes: A Conceptual Framework and a Policy Agenda," School of Economics Discussion Papers 1003, School of Economics, University of Surrey.
    43. Irina Andone & Beatrice D. Scheubel, 2017. "Memorable Encounters? Own and Neighbours' Experience with IMF Conditionality and IMF Stigma," CESifo Working Paper Series 6399, CESifo.
    44. Daron Acemoglu & James A. Robinson, 2013. "Ekonomia kontra polityka: niebezpieczne rady w kwestiach polityki ekonomicznej," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 11-12, pages 113-136.
    45. Alexandros Mourmouras & Peter Rangazas, 2015. "International Lending And The Samaritan'S Dilemma," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 60(01), pages 1-22.
    46. Allan Drazen & Nuno Limão, 2004. "Government Gains from Self-Restraint: A Bargaining Theory of Inefficient Redistribution," NBER Working Papers 10375, National Bureau of Economic Research, Inc.
    47. Bougheas, Spiros & Dasgupta, Indraneel & Morrissey, Oliver, 2009. "Repayment versus Investment Conditions and Exclusivity in Lending Contracts," IZA Discussion Papers 4604, Institute of Labor Economics (IZA).
    48. Alex Mourmouras & Wolfgang Mayer, 2009. "International Financial Assistance: A Loan Mechanism‐Design Approach," Economics and Politics, Wiley Blackwell, vol. 21(1), pages 126-158, March.
    49. Elena V McLean, 2015. "A strategic theory of international environmental assistance," Journal of Theoretical Politics, , vol. 27(2), pages 324-347, April.
    50. Anna Ivanova, 2006. "Outcomes-Based Conditionality: Its Role and Optimal Design," IMF Working Papers 2006/128, International Monetary Fund.
    51. Rodney Ramcharan, 2004. "Debt Hold Up and International Lending," Econometric Society 2004 North American Summer Meetings 341, Econometric Society.
    52. Barry Eichengreen & Ngaire Woods, 2016. "The IMF's Unmet Challenges," Journal of Economic Perspectives, American Economic Association, vol. 30(1), pages 29-52, Winter.
    53. Bessma Momani, 2007. "IMF staff: Missing link in fund reform proposals," The Review of International Organizations, Springer, vol. 2(1), pages 39-57, March.
    54. Prasanna Gai & Nicholas Vause, 2003. "Sovereign debt workouts with the IMF as delegated monitor - a common agency approach," Bank of England working papers 187, Bank of England.
    55. Laura Sabani, 2019. "The IMF and the World Bank: The Role of Competition and Domain Dissent in Communication and Decision Making," Economic Notes, Banca Monte dei Paschi di Siena SpA, vol. 48(1), February.
    56. Jeffrey Chwieroth, 2013. "“The silent revolution:” How the staff exercise informal governance over IMF lending," The Review of International Organizations, Springer, vol. 8(2), pages 265-290, June.

  16. Allan Drazen, 1999. "Political Contagion in Currency Crises," NBER Working Papers 7211, National Bureau of Economic Research, Inc.

    Cited by:

    1. Cooray, Arusha & Özmen, Ibrahim, 2024. "The role of institutions on public debt: A quantile regression approach," International Review of Economics & Finance, Elsevier, vol. 93(PA), pages 912-928.
    2. Trenca Ioan & Petria Nicolae & Dezsi Eva, 2013. "An Inquiry Into Contagion Transmission And Spillover Effects In Stock Markets," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 472-482, December.
    3. Martínez, Juan & Santiso, Javier, 2003. "Financial Markets and Politics: The Confidence Game in Latin American Emerging Economies," MPRA Paper 12909, University Library of Munich, Germany.
    4. Francisco Ledesma-Rodriguez & Jorge Perez-Rodriguez & Simon Sosvilla-Rivero, 2006. "An empirical examination of exchange-rate credibility determinants in the EMS," Applied Economics Letters, Taylor & Francis Journals, vol. 13(13), pages 847-850.
    5. Doojav, Gan-Ochir & Gotovsuren, Borkhuu & Dorjpurev, Tsenddorj, 2012. "Financial Contagion and Volatile Capital Flows," MPRA Paper 110015, University Library of Munich, Germany.
    6. Bayoumi, Tamim & Fazio, Giorgio & Kumar, Manmohan & MacDonald, Ronald, 2007. "Fatal attraction: Using distance to measure contagion in good times as well as bad," Review of Financial Economics, Elsevier, vol. 16(3), pages 259-273.
    7. Kristin J. Forbes & Roberto Rigobon, 2002. "No Contagion, Only Interdependence: Measuring Stock Market Comovements," Journal of Finance, American Finance Association, vol. 57(5), pages 2223-2261, October.
    8. M. Berlemann & Nikolay Nenovsky, 2004. "Lending of First versus Lending of Last Resort: The Bulgarian Financial Crisis of 1996/1997," Post-Print halshs-00259740, HAL.
    9. Mateusz Szczurek, 2003. "Exchange Rate Regimes and the Nominal Convergence," CASE Network Studies and Analyses 0266, CASE-Center for Social and Economic Research.
    10. Kirsten Wandschneider, 2005. "The Stability of the Inter-war Gold Exchange Standard. Did Politics Matter?," Middlebury College Working Paper Series 0518, Middlebury College, Department of Economics.
    11. Mohamad Youness, 2022. "The Impacts of the Political Uncertainty on the Currency Exchange Rate," Technium Social Sciences Journal, Technium Science, vol. 28(1), pages 414-424, February.
    12. Paola Montero Ledezma, 2018. "The Role of Politics in Crisis in Financial Markets," Investigación & Desarrollo, Universidad Privada Boliviana, vol. 18(1), pages 5-21.
    13. Sandra Lizarazo, 2009. "Default Risk and Risk Averse International Investors," Working Papers 0907, Centro de Investigacion Economica, ITAM.
    14. Ivo Krznar, 2004. "Currency Crisis: Theory and Practice with Application to Croatia," Working Papers 12, The Croatian National Bank, Croatia.
    15. Carlos Parodi Trece, 2011. "Las crisis financieras: un marco conceptual," Chapters of Books, in: Carlos Parodi Trece (ed.), La primera crisis financiera internacional del siglo XXI, edition 1, volume 1, chapter 1, pages 15-76, Fondo Editorial, Universidad del Pacífico.
    16. Koehler-Geib, Friederike Norma, 2008. "The Effect of Uncertainty on the Occurrence and Spread of Financial Crises," Munich Dissertations in Economics 8067, University of Munich, Department of Economics.
    17. Piersanti, Giovanni, 2012. "The Macroeconomic Theory of Exchange Rate Crises," OUP Catalogue, Oxford University Press, number 9780199653126.
    18. Mohammad Karimi & Marcel-Cristian Voia, 2019. "Empirics of currency crises: A duration analysis approach," Post-Print hal-03528952, HAL.
    19. Toni Ahnert & Christoph Bertsch, 2022. "A Wake-Up Call Theory of Contagion [Asymmetric business cycles: theory and time-series evidence]," Review of Finance, European Finance Association, vol. 26(4), pages 829-854.
    20. Atenga, Eric Martial Etoundi & Mougoué, Mbodja, 2021. "Return and volatility spillovers to African currencies markets," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 73(C).
    21. Dabrowski, Marek, 2016. "Currency crises in post-Soviet economies — a never ending story?," Russian Journal of Economics, Elsevier, vol. 2(3), pages 302-326.
    22. Amil Dasgupta & Roberto Leon-Gonzalez & Anja Shortland, 2010. "Regionality Revisited: An Examination of the Direction of Spread of Currency Crisis," Discussion Papers of DIW Berlin 1023, DIW Berlin, German Institute for Economic Research.
    23. Ansgar Belke & Ralph Setzer, 2004. "Contagion, Herding and Exchange Rate Instability - A Survey," Diskussionspapiere aus dem Institut für Volkswirtschaftslehre der Universität Hohenheim 234/2004, Department of Economics, University of Hohenheim, Germany.
    24. Kam-hon CHU & Bob Y. C. Chan & Chor-yiu Sin, 2000. "Contagion Effects, Informational Effects, and Economic Fundamentals: An Analysis of Exchange Rate Dynamics during the Asian Currency Crisis," Working Papers 022000, Hong Kong Institute for Monetary Research.
    25. Mark A. Carlson & Galina B. Hale, 2005. "Courage to Capital? A Model of the Effects of Rating Agencies on Sovereign Debt Role-over," Cowles Foundation Discussion Papers 1506, Cowles Foundation for Research in Economics, Yale University.
    26. Mohamed Ben Abdallah & Iuliana Matei, 2005. "Crise et contagion : cas des pays de l'Europe de l'Est," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00194873, HAL.
    27. Michael Berlemann & Kalin Hristov & Nikolay Nenovsky, 2002. "Lending of Last Resort, Moral Hazard and Twin Crises: Lessons from the Bulgarian Financial Crisis 1996/1997," William Davidson Institute Working Papers Series 464, William Davidson Institute at the University of Michigan.
    28. Giancarlo Corsetti & Paolo Pesenti & Nouriel Roubini & Cedric Tille, 1999. "Competitive Devaluations: A Welfare-Based Approach," NBER Working Papers 6889, National Bureau of Economic Research, Inc.
    29. Giannetti, Mariassunta, 2003. "Bank-Firm Relationships and Contagious Banking Crises," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 35(2), pages 239-261, April.
    30. Radovan Vadovic, 2009. "Early, Late, and Multiple Bidding in Internet Auctions," Working Papers 0904, Centro de Investigacion Economica, ITAM.
    31. Lucian Belascu, 2016. "Risk And Contagion On Financial Markets After The 2007 Sub-Prime Mortgage Crisis," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 5, pages 51-55, October.
    32. Oscar Villar & Esther Vayá, 2005. "Financial Contagion between Economies - an Exploratory Spatial Analysis," ERSA conference papers ersa05p574, European Regional Science Association.
    33. Lili Zhu & Jiawen Yang, 2010. "Psychic Distance in the Eight-year Crisis: An Empirical Study," Chapters, in: Brian Bruce (ed.), Handbook of Behavioral Finance, chapter 7, Edward Elgar Publishing.
    34. Block, Steven A., 2003. "Political conditions and currency crises in emerging markets," Emerging Markets Review, Elsevier, vol. 4(3), pages 287-309, September.
    35. MacDonald, Ronald & Bayoumi, Tamim & Kumar, Manmohan & Fazio, Giorgio, 2003. "Fatal Attraction," CEPR Discussion Papers 3870, C.E.P.R. Discussion Papers.
    36. Ling Hu, 2006. "Dependence patterns across financial markets: a mixed copula approach," Applied Financial Economics, Taylor & Francis Journals, vol. 16(10), pages 717-729.
    37. Juan Ricardo Perilla Jiménez, 2008. "La política económica de las crisis financieras: una aproximación empírica," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 10(18), pages 179-211, January-J.
    38. Gerardo Esquivel & Felipe B. Larrain, 2000. "Currency Crises: Is Central America Different?," Econometric Society World Congress 2000 Contributed Papers 0566, Econometric Society.
    39. Michael Bleaney & Marco Gundermann, 2002. "Stabilisations, Crises and the "Exit" Problem - A Theoretical Model," Macroeconomics 0207003, University Library of Munich, Germany.
    40. Hee Soo Lee & Tae Yoon Kim, 2022. "A new analytical approach for identifying market contagion," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 8(1), pages 1-35, December.
    41. Kris James Mitchener & Marc D. Weidenmier, 2007. "The Baring Crisis and the Great Latin American Meltdown of the 1890s," NBER Working Papers 13403, National Bureau of Economic Research, Inc.
    42. Victor Vaugirard, 2005. "Beliefs, Bailouts and Spread of Bank Panics," Bulletin of Economic Research, Wiley Blackwell, vol. 57(1), pages 93-107, January.
    43. World Bank, 2011. "Fiscal Responsibility Framework in Croatia : Lessons from the Past, Rules for the Future," World Bank Publications - Reports 12895, The World Bank Group.
    44. Galina Hale, 2007. "Sound Policies for Emerging Markets' Financial Stability," International Finance, Wiley Blackwell, vol. 10(1), pages 101-114, March.
    45. Ahnert, Toni & Bertsch, Christoph, 2013. "A wake-up call: information contagion and strategic uncertainty," Working Paper Series 282, Sveriges Riksbank (Central Bank of Sweden), revised 01 Mar 2014.
    46. Thomas Moser, 2003. "What Is International Financial Contagion?," International Finance, Wiley Blackwell, vol. 6(2), pages 157-178, July.
    47. Plasmans, J.E.J., 2001. "Currency Crises and Economic Monetary Cooperation : An Application to South East Asia and Comparison with Mexico, Brazil and Europe," Other publications TiSEM d740e32a-4dff-44ad-ae39-0, Tilburg University, School of Economics and Management.
    48. Krzysztof Brania & Henryk Gurgul, 2021. "Contagion effects on capital and forex markets around GFC and COVID-19 crises. A comparative study," Operations Research and Decisions, Wroclaw University of Science and Technology, Faculty of Management, vol. 31(2), pages 59-92.
    49. Jiang, Hai & Tang, Shenfeng & Li, Lifang & Xu, Fangming & Di, Qian, 2022. "Re-examining the Contagion Channels of Global Financial Crises: Evidence from the Twelve Years since the US Subprime Crisis," Research in International Business and Finance, Elsevier, vol. 60(C).
    50. Mr. Tamim Bayoumi & Mr. Manmohan S. Kumar & Mr. Giorgio Fazio & Mr. Ronald MacDonald, 2003. "Fatal Attraction: A New Measure of Contagion," IMF Working Papers 2003/080, International Monetary Fund.
    51. Victor VAUGIRARD, 2007. "Financial instability, political crises and contagion," Discussion Papers (REL - Recherches Economiques de Louvain) 2007041, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    52. Hazar Altınbaş & Vincenzo Pacelli & Edgardo Sica, 2022. "An Empirical Assessment of the Contagion Determinants in the Euro Area in a Period of Sovereign Debt Risk," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 8(2), pages 339-371, July.
    53. Maltritz, Dominik, 2008. "Modelling the dependency between currency and debt crises: An option based approach," Economics Letters, Elsevier, vol. 100(3), pages 344-347, September.
    54. Heng Chen & Wing Suen, 2016. "Falling Dominoes: A Theory of Rare Events and Crisis Contagion," American Economic Journal: Microeconomics, American Economic Association, vol. 8(1), pages 228-255, February.
    55. Sweta C. Saxena, 2004. "The Changing Nature of Currency Crises," Journal of Economic Surveys, Wiley Blackwell, vol. 18(3), pages 321-350, July.
    56. Khan, Saleheen, 2018. "Currency Crisis Transmission Through Trade Channel: Asian and Mexican Crises Revisited," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 33(4), pages 818-840.

  17. Allan Drazen & Plutarchos Sakellaris, 1999. "News About News: Information Arrival and Irreversible Investment," NBER Technical Working Papers 0244, National Bureau of Economic Research, Inc.

    Cited by:

    1. Yishay D. Maoz, 2005. "More on Bernanke's “Bad News Principle”," General Economics and Teaching 0510002, University Library of Munich, Germany.
    2. J. W. Fedderke & J. M. Luiz, 2008. "The Political Economy of Institutions, Stability and Investment: A Simultaneous Equation Approach in an Emerging Economy. The Case of South Africa," Journal of Development Studies, Taylor & Francis Journals, vol. 44(7), pages 1056-1079.
    3. Johannes Fedderke, 2004. "Investment in Fixed Capital Stock: Testing for the Impact of Sectoral and Systemic Uncertainty," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 66(2), pages 165-187, May.

  18. Allan Drazen, 1997. "Policy Signaling in the Open Economy: A Re-Examination," NBER Working Papers 5892, National Bureau of Economic Research, Inc.

    Cited by:

    1. David M. Gould, 1999. "Does the choice of nominal anchor matter?," Center for Latin America Working Papers 0499, Federal Reserve Bank of Dallas.
    2. Reuven Glick & Michael Hutchison, "undated". "Stopping "Hot Money" or Signaling Bad Policy? Capital Controls and the Onset of Currency Crises," EPRU Working Paper Series 00-14, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics.
    3. Bilge Erten & Anton Korinek & José Antonio Ocampo, 2019. "Capital Controls: Theory and Evidence," NBER Working Papers 26447, National Bureau of Economic Research, Inc.
    4. Fabrizio Carmignani & Emilio Colombo & Patrizio Tirelli, 2005. "Consistency versus credibility: how do countries choose their exchange rate regime?," International Finance 0502001, University Library of Munich, Germany.
    5. Carmignani, Fabrizio & Colombo, Emilio & Tirelli, Patrizio, 2008. "Exploring different views of exchange rate regime choice," Journal of International Money and Finance, Elsevier, vol. 27(7), pages 1177-1197, November.

  19. Guillermo A. Calvo & Allan Drazen, 1997. "Uncertain Duration of Reform: Dynamic Implications," NBER Working Papers 5925, National Bureau of Economic Research, Inc.

    Cited by:

    1. Cristina Arellano & Enrique Mendoza, 2002. "Fricciones crediticias y 'paradas repentinas' en pequeñas economías abiertas: un marco de equilibrio del ciclo económico para crisis en mercados emergentes," Research Department Publications 4308, Inter-American Development Bank, Research Department.
    2. Jer-Shiou Chiou & Pei-Shan Wu & Ming-Chih Lee, 2006. "Variation of interest-rate parity and its asymmetry on stock return in a jump-diffusion process," Applied Financial Economics, Taylor & Francis Journals, vol. 16(17), pages 1309-1316.
    3. Kolver Hernandez, 2006. "State-Dependent Nominal Rigidities & Disinflation Programs in Small Open Economies," Working Papers 06-13, University of Delaware, Department of Economics.
    4. Marco Fugazza & Norbert Fiess, 2010. "Trade Liberalization And Informality: New Stylized Facts," UNCTAD Blue Series Papers 43, United Nations Conference on Trade and Development.
    5. Enrique Mendoza, 2002. "¿Por qué deben las economías emergentes renunciar a su moneda nacional? El argumento a favor," Research Department Publications 4310, Inter-American Development Bank, Research Department.
    6. Craig Burnside & Martin Eichenbaum & Sergio Rebelo, 1999. "Hedging and Financial Fragility in Fixed Exchange Rate Regimes," NBER Working Papers 7143, National Bureau of Economic Research, Inc.
    7. Islam, Roumeen, 2000. "Should capital flows be regulated? - a look at the issues and policies," Policy Research Working Paper Series 2293, The World Bank.
    8. Aysan, Ahmet Faruk, 2006. "Distributional Effects of Boom-Bust Cycles in Developing Countries with Financial Frictions," MPRA Paper 5484, University Library of Munich, Germany.
    9. Cristina Arellano & Enrique Mendoza, 2002. "Credit Frictions and 'Sudden Stops' in Small Open Economies: An Equilibrium Business Cycle Framework for Emerging Markets Crises," Research Department Publications 4307, Inter-American Development Bank, Research Department.
    10. Guillermo A. Calvo & Carlos A. Vegh, 1999. "Inflation Stabilization and BOP Crises in Developing Countries," NBER Working Papers 6925, National Bureau of Economic Research, Inc.
    11. Arpad Abraham & Pavel Brendler & Eva Carceles, 2021. "Capital Tax Reforms With Policy Uncertainty," Department of Economics Working Papers 21-01, Stony Brook University, Department of Economics.
    12. Vincent Bodart & Jean-François Carpantier, 2016. "Real exchange rates and skills," Post-Print hal-01821128, HAL.
    13. Martin Uribe, 1997. "Habit formation and the comovement of prices and consumption during exchange-rate based stabilization programs," International Finance Discussion Papers 598, Board of Governors of the Federal Reserve System (U.S.).
    14. Aysan, Ahmet Faruk, 2006. "The Role of Distribution of the Income Shares of Individuals in Tradables and Nontradables on Exchange Rate Fluctuations and Delay of Stabilizations," MPRA Paper 5485, University Library of Munich, Germany.
    15. Martin Uribe, 1996. "The Tequila effect: theory and evidence from Argentina," International Finance Discussion Papers 552, Board of Governors of the Federal Reserve System (U.S.).
    16. Ms. Xiangming Li, 2003. "Trade Liberalization and Real Exchange Rate Movement," IMF Working Papers 2003/124, International Monetary Fund.
    17. Venegas-Martinez, Francisco, 2001. "Temporary stabilization: A stochastic analysis," Journal of Economic Dynamics and Control, Elsevier, vol. 25(9), pages 1429-1449, September.
    18. Enrique G. Mendoza & Martin Uribe, 1999. "The Business Cycles of Balance-of-Payment Crises: A Revision of Mundellan Framework," NBER Working Papers 7045, National Bureau of Economic Research, Inc.
    19. Enrique G. Mendoza & Martin Uribe, 1998. "The business cycles of currency speculation: a revision of the Mundellian framework," International Finance Discussion Papers 617, Board of Governors of the Federal Reserve System (U.S.).
    20. V. Anton Muscatelli & Julia Darby & Chol-Won Li, "undated". "Political Uncertainty, Public Expenditure and Growth," Working Papers 9822, Business School - Economics, University of Glasgow.
    21. Kashif Mansori, 2001. "Economic Liberalization and Savings Rates," CESifo Working Paper Series 418, CESifo.
    22. Enrique Mendoza, 2002. "Why Should Emerging Economies Give Up National Currencies? A Case for Institutions Substitution," Research Department Publications 4309, Inter-American Development Bank, Research Department.
    23. Cunha, Alexandre B., 2002. "Optimal Exchange Rate Policy, Optimal Incomplete Taxation and Business Cycles," Insper Working Papers wpe_16, Insper Working Paper, Insper Instituto de Ensino e Pesquisa.
    24. Huang, Bor-Yi & Chiou, Jer-Shiou & Wu, Pei-Shan, 2007. "Abnormal profitability and foreign investment based on the investigation of covered interest parity," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 384(2), pages 475-484.
    25. Francisco Venegas-Martínez, 2005. "Temporary Stabilization and the Real Option of Waiting when Consumption can be Delayed: an Extreme Value Approach," DEGIT Conference Papers c010_043, DEGIT, Dynamics, Economic Growth, and International Trade.
    26. Venegas-Martinez, Francisco, 2006. "Stochastic temporary stabilization: Undiversifiable devaluation and income risks," Economic Modelling, Elsevier, vol. 23(1), pages 157-173, January.
    27. Amartya Lahiri, 1996. "Disinflation Programs Under Policy Uncertainty: Insights for Exchange-Rate-Based Stabilization Programs," UCLA Economics Working Papers 761, UCLA Department of Economics.
    28. Neven T. Valev & John A. Carlson, 2003. "Tenuous Financial Stability," William Davidson Institute Working Papers Series 540, William Davidson Institute at the University of Michigan.
    29. Brendler, Pavel & Abraham, Arpad & Carceles, Eva, 2019. "Corporate Tax Reforms With Policy Uncertainty," VfS Annual Conference 2019 (Leipzig): 30 Years after the Fall of the Berlin Wall - Democracy and Market Economy 203619, Verein für Socialpolitik / German Economic Association.
    30. Enrique G. Mendoza & Guillermo A. Calvo, 2000. "Capital-Markets Crises and Economic Collapse in Emerging Markets: An Informational-Frictions Approach," American Economic Review, American Economic Association, vol. 90(2), pages 59-64, May.

  20. Leonardo Bartolini & Allan Drazen, 1996. "Capital account liberalization as a signal," Staff Reports 11, Federal Reserve Bank of New York.

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    824. Prato, Carlo & Wolton, Stephane, 2013. "Rational Ignorance, Elections, and Reform," MPRA Paper 68638, University Library of Munich, Germany, revised 10 Dec 2015.
    825. Fabrizio Carmignani, 2001. "Political Data for Applied Political Economy Research," Working Papers 43, University of Milano-Bicocca, Department of Economics, revised Jul 2001.
    826. Peter Schwarz, 2007. "Does capital mobility reduce the corporate-labor tax ratio?," Public Choice, Springer, vol. 130(3), pages 363-380, March.
    827. John Ashworth & Bruno Heyndels, 2001. "Political Fragmentation and the Evolution of National Tax Structures in the OECD," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 8(4), pages 377-393, August.
    828. Mauricio Olivera & Monica Pachon & Guillermo Perry, 2010. "The Political Economy of Fiscal Reform: The Case of Colombia, 1986-2006," Research Department Publications 4674, Inter-American Development Bank, Research Department.
    829. Stefania Fabrizio & Ashoka Mody, 2010. "Breaking The Impediments To Budgetary Reforms: Evidence From Europe," Economics and Politics, Wiley Blackwell, vol. 22(3), pages 362-391, November.
    830. Karin Mayr & Johann Scharler, 2009. "Asymmetric Fiscal Stabilization Policy and the Public Deficit: Theory and Evidence," Vienna Economics Papers vie0908, University of Vienna, Department of Economics.
    831. Robbie Mochrie, 2003. "Economic and Theological Approaches to Debt Cancellation," WIDER Working Paper Series DP2003-16, World Institute for Development Economic Research (UNU-WIDER).
    832. Herbert Brücker & Philipp J. H. Schröder & Christian Weise, 2003. "Doorkeepers and Gatecrashers: EU Enlargement and Negotiation Strategies," Discussion Papers of DIW Berlin 342, DIW Berlin, German Institute for Economic Research.
    833. Viegas, Miguel & Ribeiro, Ana Paula, 2013. "Welfare-improving government behavior and inequality in a heterogeneous agents model," Journal of Macroeconomics, Elsevier, vol. 37(C), pages 146-160.
    834. Andres Velasco, 1997. "Debts and Deficits with Fragmented Fiscal Policymaking," NBER Working Papers 6286, National Bureau of Economic Research, Inc.
    835. Guillermo J. Vuletin, 2004. "Exchange Rate Regimes And Fiscal Performance. Do Fixed Exchange Rate Regimes Generate More Discipline Than Flexible Ones?," Econometric Society 2004 North American Winter Meetings 474, Econometric Society.
    836. Mr. Vladimir Klyuev, 2001. "A Model of Exchange Rate Regime Choice in the Transitional Economies of Central and Eastern Europe," IMF Working Papers 2001/140, International Monetary Fund.
    837. Luiz de Mello, 2007. "Local Government Finances: The Link between Intergovernmental Transfers and Net Worth," OECD Economics Department Working Papers 581, OECD Publishing.
    838. Patrick Artus, 1997. "Rigueur budgétaire, crédibilité des politiques budgétaires et comportement de consommation," Revue Économique, Programme National Persée, vol. 48(3), pages 481-493.
    839. Carlos Eduardo Gonçalves & Bernardo Guimaraes, 2012. "Optimal fiscal adjustment and the commitment-to-forgive issue," Working Papers, Department of Economics 2012_01, University of São Paulo (FEA-USP).
    840. Eichengreen, Barry, 2001. "What problems can dollarization solve?," Journal of Policy Modeling, Elsevier, vol. 23(3), pages 267-277, April.
    841. Johnson, S., 1991. "Spontaneous Privatization in the Soviet Union. How, Why and for Whom?," Research Paper 91, World Institute for Development Economics Research.
    842. Daniele Checchi, 1996. "Macroeconomic populism: A formal representation and a suggested interpretation of the Peruvian experience (1985-90)," Journal of International Development, John Wiley & Sons, Ltd., vol. 8(4), pages 489-516.
    843. Sonan Memon & Irfan A. Qureshi, 2021. "Income inequality and macroeconomic instability," Review of Development Economics, Wiley Blackwell, vol. 25(2), pages 758-789, May.
    844. Rama, Martin, 1993. "How labor markets and imperfect competition affect tariff policy," Policy Research Working Paper Series 1149, The World Bank.
    845. Julia Darby & V. Anton Muscatelli & Graeme Roy, "undated". "Fiscal Federalism and Fiscal Consolidation: Evidence from an Event Study," Working Papers 2005_21, Business School - Economics, University of Glasgow, revised Jun 2005.
    846. Peter Huber & Thomas Leoni & Hans Pitlik, 2013. "Reforming Welfare States. WWWforEurope Deliverable No. 1," WIFO Studies, WIFO, number 47022, March.
    847. Sung‐Ha Hwang & Youngwoo Koh, 2024. "Wars of attrition with spending constraints," International Journal of Economic Theory, The International Society for Economic Theory, vol. 20(2), pages 227-242, June.
    848. Paulo Júlio, 2011. "Public Debt Stabilization: Redistributive Delays Versus Preemptive Anticipations," GEE Papers 0045, Gabinete de Estratégia e Estudos, Ministério da Economia, revised Dec 2011.
    849. Cesar Martinelli, 2001. "Essays on Political Economy of Political Reform," Levine's Working Paper Archive 625018000000000135, David K. Levine.
    850. Fu, Qiang & Li, Ming, 2014. "Reputation-concerned policy makers and institutional status quo bias," Journal of Public Economics, Elsevier, vol. 110(C), pages 15-25.
    851. Binder, Carola, 2019. "Inequality and the inflation tax," Journal of Macroeconomics, Elsevier, vol. 61(C), pages 1-1.
    852. Beckmann, Klaus & Reimer, Lennart, 2014. "Dynamiken in asymmetrischen Konflikten: eine Simulationsstudie," Working Paper 147/2014, Helmut Schmidt University, Hamburg.
    853. Daniel Hansen, 2023. "The democratic (dis)advantage: The conditional impact of democracy on credit risk and sovereign default," Economics and Politics, Wiley Blackwell, vol. 35(1), pages 356-410, March.
    854. Doner, Richard, 2012. "Success as Trap? Crisis Response And Challenges To Economic Upgrading in Export-Oriented Southeast Asia," Working Papers 45, JICA Research Institute.
    855. Friedrich Heinemann, 2010. "Eine Gabe an St. Nimmerlein?– Zur zeitlichen Dimension der Schuldenbremse," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 11(3), pages 246-259, August.
    856. Hans Bonesrønning, 2013. "Public employees and public sector reform implementation," Public Choice, Springer, vol. 156(1), pages 309-327, July.
    857. Sutter, Daniel, 1999. "Discretionary policy implementation and reform," Journal of Economic Behavior & Organization, Elsevier, vol. 39(3), pages 249-262, July.
    858. Giancarlo Corsetti & Michael P. Devereux & John Hassler & Tim Jenkinson & Gilles Saint-Paul & Hans-Werner Sinn & Jan-Egbert Sturm & Xavier Vives, 2009. "EEAG Report on the European Economy 2009," EEAG Report on the European Economy, CESifo, vol. 0, pages 1-178, February.
    859. Heather Congdon Fors, 2016. "Citizens' support for Economic Reforms in Sub-Saharan Africa," South African Journal of Economics, Economic Society of South Africa, vol. 84(3), pages 343-363, September.
    860. Mcleod,Catriona & Wietzke,Frank-Borge, 2013. "Jobs, wellbeing, and social cohesion : evidence from value and perception surveys," Policy Research Working Paper Series 6447, The World Bank.
    861. Beate Jochimsen & Robert Nuscheler, 2011. "The political economy of the German Lander deficits: weak governments meet strong finance ministers," Applied Economics, Taylor & Francis Journals, vol. 43(19), pages 2399-2415.
    862. Mohamed Mansour & Eric Kamwa, 2024. "Lack of consensus, dispersion of political power and public debt: evidence from a sample of developed countries," Post-Print hal-04177030, HAL.
    863. Lindokuhle Njozela & Justine Burns & Arnim Langer, 2018. "The Effects of Social Exclusion and Group Heterogeneity on the Provision of Public Goods," Games, MDPI, vol. 9(3), pages 1-21, August.
    864. Dethier, Jean-Jacques, 1999. "Governance and Economic Performance: A Survey," Discussion Papers 279846, University of Bonn, Center for Development Research (ZEF).
    865. Grüner, Hans Peter, 2014. "Optimal mechanisms for the control of fiscal deficits," Working Paper Series 1708, European Central Bank.
    866. Oliveira, Gesner, 1991. "Resistance to Implementing IMF Stabilization Plans: Evidence from a Cross-Country Study," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 11(1), April.
    867. Kroszner, Randall S., 1999. "Is the Financial System Politically Independent? Perspectives on the Political Economy of Banking and Financial Regulation," Working Papers 151, The University of Chicago Booth School of Business, George J. Stigler Center for the Study of the Economy and the State.
    868. Matthew Gould & Matthew D. Rablen, 2019. "Are World Leaders Loss Averse?," CESifo Working Paper Series 7763, CESifo.
    869. Carlos ALBERTO CINQUETTI & Ricardo GONÇALVES SILVA, 2008. "Delays In Stabilization Or In Reforms? The Debt Crisis," The Developing Economies, Institute of Developing Economies, vol. 46(3), pages 290-314, September.
    870. Tano Santos, 2015. "Credit booms: implications for the public and the private sector," BIS Working Papers 481, Bank for International Settlements.
    871. Manoel Bittencourt, 2012. "Democracy, populism and hyperinflation: some evidence from Latin America," Economics of Governance, Springer, vol. 13(4), pages 311-332, December.
    872. Hudik, Marek, 2021. "Push factors of endogenous institutional change," Journal of Economic Behavior & Organization, Elsevier, vol. 189(C), pages 504-514.
    873. Apolte, Thomas & Peters, Heiko, 2009. "Governance, Demokratie und wirtschaftliche Entwicklung in den ehemals sozialistischen Staaten," IÖB-Diskussionspapiere 1/09, University of Münster, Institute for Economic Education.
    874. Amid, Javad, 2007. "The dilemma of cheap food and self-sufficiency: The case of wheat in Iran," Food Policy, Elsevier, vol. 32(4), pages 537-552, August.
    875. Jorge Saba Arbache, 2004. "Do Structural Reforms always Succeed?: Lessons from Brazil," WIDER Working Paper Series RP2004-58, World Institute for Development Economic Research (UNU-WIDER).
    876. Morgenstern, Albrecht, 2004. "Curbing Power or Progress? Governing with an Opposition Veto," Bonn Econ Discussion Papers 10/2004, University of Bonn, Bonn Graduate School of Economics (BGSE).
    877. Pierre Mandon, 2014. "Evaluating Treatment Effect and Causal Effect of Fiscal Rules on Procyclicality New assessments on old debate: rules vs. discretion," Working Papers halshs-01015760, HAL.
    878. Bernardo Bortolotti & Paolo Pinotti, 2003. "The Political Economy of Privatization," Working Papers 2003.45, Fondazione Eni Enrico Mattei.
    879. Huw Lloyd-Ellis & Xiaodong Zhu, 2004. "Using Financial Market Information To Enhance Canadian Fiscal Policy," Working Paper 1041, Economics Department, Queen's University.
    880. Manasse, Paolo, 1996. "Are taxes too low?," Journal of Economic Dynamics and Control, Elsevier, vol. 20(6-7), pages 1263-1288.
    881. Bäck, Hanna & Lindvall, Johannes, 2015. "Commitment Problems in Coalitions: A New Look at the Fiscal Policies Of Multiparty Governments," Political Science Research and Methods, Cambridge University Press, vol. 3(1), pages 53-72, January.

  26. Allan Drazen & Elhanan Helpman, 1987. "Stabilization with Exchange Rate Management under Uncertainty," NBER Working Papers 2268, National Bureau of Economic Research, Inc.

    Cited by:

    1. Rudiger Dornbusch, 1988. "Real Exchange Rates and Macroeconomics: A Selective Survey," NBER Working Papers 2775, National Bureau of Economic Research, Inc.
    2. Helpman, E. & Leiderman, L., 1991. "Exchange Rate Systems: New Perspectives," Papers 3-91, Tel Aviv.
    3. Mr. Yuri V Sobolev, 2000. "Exchange-Rate-Based Stabilization: A Model of Financial Fragility," IMF Working Papers 2000/122, International Monetary Fund.
    4. Alberto Alesina & Allan Drazen, 1989. "Why are Stabilizations Delayed?," NBER Working Papers 3053, National Bureau of Economic Research, Inc.
    5. Gottlieb, Daniel, 1990. "Inflation and Policy Response - The Israeli Case: 1970-1989," MPRA Paper 4114, University Library of Munich, Germany.
    6. Rebelo, S. & Vegh, C.A., 1995. "Real Effects of Exchange-Rate-Based Stabilization: An Analysis of Competing Theories," RCER Working Papers 405, University of Rochester - Center for Economic Research (RCER).
    7. Piersanti, Giovanni, 2012. "The Macroeconomic Theory of Exchange Rate Crises," OUP Catalogue, Oxford University Press, number 9780199653126.
    8. Shigeto Kitano, 2005. "The Government's Foreign Debt in the Argentine Crisis," Review of Development Economics, Wiley Blackwell, vol. 9(3), pages 368-379, August.
    9. Laura Alfaro, 2002. "On the Political Economy of Temporary Stabilization Programs," Economics and Politics, Wiley Blackwell, vol. 14(2), pages 133-161, July.
    10. Guillermo A. Calvo & Allan Drazen, 1997. "Uncertain Duration of Reform: Dynamic Implications," NBER Working Papers 5925, National Bureau of Economic Research, Inc.
    11. Willman, Alpo, 1988. "Devaluation expectations and speculative attacks on the currency," Bank of Finland Research Discussion Papers 8/1988, Bank of Finland.
    12. Ms. May Y Khamis, 1996. "Credit and Exchange Rate-Based Stabilization," IMF Working Papers 1996/051, International Monetary Fund.
    13. Leiderman, Leonardo, 1989. "Economic Adjustment and Exchange Rates in LDCs a Review Essay," Foerder Institute for Economic Research Working Papers 275465, Tel-Aviv University > Foerder Institute for Economic Research.
    14. Venla Sipilä, 2002. "The Russian triple crisis 1998: currency, finance and budget," UCL SSEES Economics and Business working paper series 17, UCL School of Slavonic and East European Studies (SSEES).

  27. Allan Drazen & Daniel S. Hamermesh, 1986. "Inflation and Wage Dispersion," NBER Working Papers 1811, National Bureau of Economic Research, Inc.

    Cited by:

    1. Erica L. Groshen & Mark E. Schweitzer, 1997. "Identifying Inflation's Grease and Sand Effects in the Labor Market," NBER Working Papers 6061, National Bureau of Economic Research, Inc.
    2. Erica L. Groshen & Mark E. Schweitzer, 1996. "Macro- and microeconomic consequences of wage rigidity," Working Papers (Old Series) 9607, Federal Reserve Bank of Cleveland.
    3. Erica L. Groshen & Mark E. Schweitzer, 1994. "The effects of inflation on wage adjustments in firm-level data: grease or sand?," Working Papers (Old Series) 9418, Federal Reserve Bank of Cleveland.

  28. Allan Drazen & Elhanan Helpman, 1986. "Inflationary Consequences of Anticipated Macroeconomic Policies," NBER Working Papers 2006, National Bureau of Economic Research, Inc.

    Cited by:

    1. van Wijnbergen, Sweder, 1985. "Fiscal Deficits, Exchange Rate Crises and Inflation," CEPR Discussion Papers 87, C.E.P.R. Discussion Papers.
    2. Kia, Amir, 2006. "Deficits, debt financing, monetary policy and inflation in developing countries: Internal or external factors?: Evidence from Iran," Journal of Asian Economics, Elsevier, vol. 17(5), pages 879-903, November.
    3. Pierre-Richard Agénor, 1997. "Borrowing Risk and the Tequila Effect," IMF Working Papers 1997/086, International Monetary Fund.
    4. Maria I. Marika Santoro, 2006. "Early Announcement of a Public Pension Reform in Italy: Working Paper 2006-01," Working Papers 17588, Congressional Budget Office.
    5. Yuan, Mengyi & Zhang, Lin & Lian, Yonghui, 2022. "Economic policy uncertainty and stock price crash risk of commercial banks: Evidence from China," Economic Analysis and Policy, Elsevier, vol. 74(C), pages 587-605.
    6. Agenor, Pierre-Richard, 1995. "Monetary shocks and exchange rate dynamics with informal currency markets," International Review of Economics & Finance, Elsevier, vol. 4(3), pages 211-226.
    7. Melnick, Rafi & Strohsal, Till, 2015. "From galloping inflation to price stability in steps: Israel 1985-2013," SFB 649 Discussion Papers 2015-009, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
    8. Rebelo, S. & Vegh, C.A., 1995. "Real Effects of Exchange-Rate-Based Stabilization: An Analysis of Competing Theories," RCER Working Papers 405, University of Rochester - Center for Economic Research (RCER).
    9. Maoyong Cheng & Yutong Yao & Yu Meng, 2023. "Political uncertainty and foreign direct investment—Evidence from the government official vacancy in China's cities," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 31(3), pages 527-559, July.
    10. Óscar J. Arce, 2006. "Speculative hyperinflations: when can we rule them out?," Working Papers 0607, Banco de España.
    11. Anna Baranowska-Rataj & Iga Magda, 2013. "Decomposition of trends in youth unemployment – the role of job accessions and separations in countries with different employment protection regimes," Working Papers 53, Institute of Statistics and Demography, Warsaw School of Economics.
    12. Nina Budina & Sweder Van Wijnbergen, 2001. "Fiscal deficits, monetary reform and inflation stabilization in romania," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 4(3), pages 165-194.
    13. Sergey E. Pekarski, 2015. "Tight Money and the Sustainability of Public Debt," HSE Working papers WP BRP 95/EC/2015, National Research University Higher School of Economics.
    14. Vegh, Carlos, 1991. "Stopping High Inflation: An Analytical Overview," MPRA Paper 20175, University Library of Munich, Germany.
    15. Eckstein, Z. & Leiderman, L., 1991. "Seignorage and the Welfare Cost of Inflation; Evidence from an Intertemporal Model of Money and Consumption," Papers 7-91, Tel Aviv.
    16. Hübler, Michael, 2011. "Technology diffusion under contraction and convergence: A CGE analysis of China," Energy Economics, Elsevier, vol. 33(1), pages 131-142, January.
    17. Edward F Buffie, 2003. "Policy Rules and Monetarist Arithmetic," Bulletin of Economic Research, Wiley Blackwell, vol. 55(3), pages 223-247, July.
    18. Martin Schneider & Aaron Tornell, 2004. "Balance Sheet Effects, Bailout Guarantees and Financial Crises," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 71(3), pages 883-913.
    19. Amir Kia, 2004. "Deficits, Debt Financing, Monetary Policy and Inflation in Developing Countries: Internal or External Factors?," Carleton Economic Papers 04-15, Carleton University, Department of Economics.
    20. Nicholas Li & Gee Hee Hong, 2013. "Market Structure and Cost Pass-Through in Retail," Working Papers tecipa-470, University of Toronto, Department of Economics.
    21. Sutherland, Alan, 1995. "Fiscal Crises and Aggregate Demand: Can High Public Debt Reverse the Effects of Fiscal Policy?," CEPR Discussion Papers 1246, C.E.P.R. Discussion Papers.
    22. Calvo, Guillermo & Vegh, Carlos, 1992. "Currency Substitution in Developing Countries: An Introduction," MPRA Paper 20338, University Library of Munich, Germany.
    23. Amartya Lahiri & Hinh T. Dinh, 1996. "External debt and creditworthiness : theory with evidence," Finnish Economic Papers, Finnish Economic Association, vol. 9(2), pages 110-125, Autumn.
    24. Kia, Amir, 2013. "Determinants of the real exchange rate in a small open economy: Evidence from Canada," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 23(C), pages 163-178.
    25. Fackler, James S. & Rogers, John H., 1995. "Output, inflation and stabilization: a counterfactual analysis," Journal of International Money and Finance, Elsevier, vol. 14(5), pages 619-640, October.
    26. Melnick, Rafi & Strohsal, Till, 2017. "Disinflation in steps and the Phillips curve: Israel 1986–2015," Journal of Macroeconomics, Elsevier, vol. 53(C), pages 145-161.
    27. Stanley Fischer & Ratna Sahay & Carlos A. Végh, 2002. "Modern Hyper- and High Inflations," Journal of Economic Literature, American Economic Association, vol. 40(3), pages 837-880, September.
    28. Butler, Monika, 1999. "Anticipation effects of looming public-pension reforms," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 50(1), pages 119-159, June.
    29. Laurence Ball, 1993. "The Dynamics of High Inflation," NBER Working Papers 4578, National Bureau of Economic Research, Inc.
    30. Oya Celasun & R. Gaston Gelos & Alessandro Prati, 2004. "Obstacles to disinflation: what is the role of fiscal expectations? [‘Disinflation with imperfect credibility’]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 19(40), pages 442-481.
    31. Oltheten, Elisabeth & Pinteris, George & Sougiannis, Theodore, 2003. "Greece in the European Union: policy lessons from two decades of membership," The Quarterly Review of Economics and Finance, Elsevier, vol. 43(5), pages 774-806.
    32. David P. Myatt, 2005. "Instant Exit from the Asymmetric War of Attrition," Economics Series Working Papers 160, University of Oxford, Department of Economics.
    33. Marcio Goes Pinto Garcia, 1994. "Avoiding some costs of inflation and crawling toward hyperinflation: the case of the Brazilian domestic currency substitute," Textos para discussão 326, Department of Economics PUC-Rio (Brazil).
    34. Fernando Barbosa & Alexandre Cunha & Elvia Sallum, 2006. "Competitive equilibrium hyperinflation under rational expectations," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 29(1), pages 181-195, September.
    35. Davig, Troy & Leeper, Eric M. & Walker, Todd B., 2011. "Inflation and the fiscal limit," European Economic Review, Elsevier, vol. 55(1), pages 31-47, January.
    36. Sun, Rui & Zhao, Yikai, 2023. "Intervention uncertainty, household health, and pandemic," Journal of Mathematical Economics, Elsevier, vol. 105(C).
    37. Melnick, Rafi & Strohsal, Till, 2016. "Disinflation and the Phillips Curve: Israel 1986-2015," SFB 649 Discussion Papers 2016-039, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
    38. Bing Wang & Kung‐Cheng Ho & Xinyu Liu & Yan Gu, 2022. "Industry cash flow volatility and stock price crash risk," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(2), pages 356-371, March.
    39. Allan Drazen & Plutarchos Sakellaris, 1999. "News About News: Information Arrival and Irreversible Investment," NBER Technical Working Papers 0244, National Bureau of Economic Research, Inc.
    40. Amir Kia, 2006. "Deficits, Debt Financing, Monetary Policy and Inflation in Developing Countries: Internal or External Factors? Evidence from Iran," Carleton Economic Papers 06-03, Carleton University, Department of Economics, revised Nov 2006.
    41. Vazquez, Jesus, 1998. "How high can inflation get during hyperinflation? A transaction cost demand for money approach," European Journal of Political Economy, Elsevier, vol. 14(3), pages 433-451, August.
    42. Zuzanna Brzozowska, 2013. "Was falling fertility in the communist Poland driven by changes in women’s education?," Working Papers 54, Institute of Statistics and Demography, Warsaw School of Economics.
    43. Helpman, Elhanan & Leiderman, Leonardo, 1988. "Stabilization in high inflation countries: Analytical foundations and recent experience," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 28(1), pages 9-84, January.
    44. Bernasconi, Michele & Kirchkamp, Oliver, 2002. "The expectations view on fiscal policy : an experiment using real world data," Papers 02-18, Sonderforschungsbreich 504.
    45. Lei Ji, 2013. "Cross-industry tfp growth differences with asymmetric industries and the endogenous market structure," Documents de Travail de l'OFCE 2013-17, Observatoire Francais des Conjonctures Economiques (OFCE).
    46. Buffie, Edward F., 1998. "Public sector layoffs, credibility and the dynamics of inflation in a simple macromodel," Journal of Development Economics, Elsevier, vol. 56(1), pages 115-140, June.
    47. Becker, Torbjörn, 1995. "Budget Deficits, Tax Risk and Consumption," SSE/EFI Working Paper Series in Economics and Finance 74, Stockholm School of Economics.

  29. Allan Drazen & Daniel S. Hamermesh & Norman P. Obst, 1981. "Quantity and Elasticity Spillovers onto the Labor Market: Theory and Evidence on Sluggishness," NBER Working Papers 0676, National Bureau of Economic Research, Inc.

    Cited by:

    1. Henri-Paul Rousseau & Francis Taurand, 1984. "Financement de la securite du revenu et taxes sur la masse salariale," Canadian Public Policy, University of Toronto Press, vol. 10(4), pages 459-467, December.

Articles

  1. Brender, Adi & Drazen, Allan, 2005. "Political budget cycles in new versus established democracies," Journal of Monetary Economics, Elsevier, vol. 52(7), pages 1271-1295, October.
    See citations under working paper version above.
  2. Allan Drazen, 2002. "Central Bank Independence, Democracy, and Dollarization," Journal of Applied Economics, Universidad del CEMA, vol. 5, pages 1-17, May.

    Cited by:

    1. Masciandaro, Donato, 2022. "Independence, conservatism, and beyond: Monetary policy, central bank governance and central banker preferences (1981–2021)," Journal of International Money and Finance, Elsevier, vol. 122(C).
    2. Ferré Carracedo, Montserrat & Manzano, Carolina, 2013. "Independent Central Banks: Low inflation at no cost?: A model with fiscal policy," Working Papers 2072/222196, Universitat Rovira i Virgili, Department of Economics.
    3. Hopkin, Jonathan & Blyth, Mark, 2018. "The global economics of European populism: growth regimes and party system change in Europe (The Government and Opposition/Leonard Schapiro Lecture 2017)," LSE Research Online Documents on Economics 100094, London School of Economics and Political Science, LSE Library.
    4. Abel M. Agoba, 2021. "Minimising the inflationary impact of fiscal deficits in Africa: The role of monetary, financial and political institutions," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(1), pages 724-740, January.
    5. Alberto F. Alesina & Andrea Stella, 2010. "The Politics of Monetary Policy," NBER Working Papers 15856, National Bureau of Economic Research, Inc.
    6. Hadj Fraj, Salma & bouchoucha, Najeh & Maktouf, Samir, 2020. "Political stability and economic growth: the role of exchange rate regime," MPRA Paper 104586, University Library of Munich, Germany.
    7. Koop, Christel & Scotto di Vettimo, Michele, 2023. "How do the media scrutinise central banking? Evidence from the Bank of England," European Journal of Political Economy, Elsevier, vol. 77(C).
    8. Donato Masciandaro & Romano Vincenzo Tarsia, 2021. "Society, Politicians, Climate Change and Central Banks: An Index of Green Activism," BAFFI CAREFIN Working Papers 21167, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
    9. William C. Gruben & Mark A. Wynne & Carlos E. Zarazaga, 2001. "Dollarization and monetary unions: implementation guidelines," Working Papers 0105, Federal Reserve Bank of Dallas.
    10. Salma Hadj Fraj & Mekki Hamdaoui & Samir Maktouf, 2018. "Governance and economic growth: The role of the exchange rate regime," International Economics, CEPII research center, issue 156, pages 326-364.
    11. Jorge MEIRA COSTA, 2018. "Participatory Budgeting (Portugal) as a marshalling legal process to formally and democratically defining European Monetary System and Policy," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 2, pages 279-295, June.
    12. D. Masciandaro, 2019. "What Bird Is That? Central Banking And Monetary Policy In The Last Forty Years," BAFFI CAREFIN Working Papers 19127, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
    13. Donato Masciandaro & Riccardo Russo, 2022. "Central Banks and Climate Policy: Unpleasant Trade–Offs? A Principal–Agent Approach," BAFFI CAREFIN Working Papers 22181, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.

  3. Allan Drazen & William Easterly, 2001. "Do Crises Induce Reform? Simple Empirical Tests of Conventional Wisdom," Economics and Politics, Wiley Blackwell, vol. 13(2), pages 129-157, July.

    Cited by:

    1. Paul van den Noord & Björn Döhring & Sven Langedijk & João Nogueira Martins & Lucio Pench & Heliodoro Temprano-Arroyo & Michael Thiel, 2008. "The Evolution of Economic Governance in EMU," European Economy - Economic Papers 2008 - 2015 328, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    2. Orkun Saka & Yuemei Ji & Paul De Grauwe, 2021. "Financial Policymaking after Crises: Public vs. Private Interests," CESifo Working Paper Series 9131, CESifo.
    3. Easterly, William, 1999. "How did highly indebted poor countries become highly indebted? : reviewing two decades of debt relief," Policy Research Working Paper Series 2225, The World Bank.
    4. Saka, Orkun & Ji, Yuemei & De Grauwe, Paul, 2020. "Financial policymaking after crises: public vs. private interests," LSE Research Online Documents on Economics 118861, London School of Economics and Political Science, LSE Library.
    5. Markus Leibrecht & Joelle H. Fiong, 2017. "Economic Crises and Globalisation as Drivers of Pension Privatisation: an Empirical Analysis," ICMA Centre Discussion Papers in Finance icma-dp2017-05, Henley Business School, University of Reading.
    6. Bennani, Hamza, 2015. "Dissecting the brains of central bankers: the case of the ECB's Governing Council members on reforms," MPRA Paper 62371, University Library of Munich, Germany.
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    73. Andrea Bassanini & Luca Nunziata & Danielle Venn, 2009. "Job protection legislation and productivity growth in OECD countries [Appropriate growth policy: a unifying framework]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 24(58), pages 349-402.
    74. Sybil Rhodes, 2012. "Political communication and economic reform: the use of consumerist frames in Brazil, 1985-2005," CEMA Working Papers: Serie Documentos de Trabajo. 482, Universidad del CEMA.
    75. Hyytinen, Ari & Kuosa, Iikka & Takalo, Tuomas, 2002. "Law or finance: evidence from Finland," Bank of Finland Research Discussion Papers 8/2002, Bank of Finland.
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    77. Gawel, Erik & Lehmann, Paul & Strunz, Sebastian & Heuson, Clemens, 2016. "A public choice framework for climate adaptation: Barriers to efficient adaptation and lessons learned from German flood disasters," UFZ Discussion Papers 3/2016, Helmholtz Centre for Environmental Research (UFZ), Division of Social Sciences (ÖKUS).
    78. Choi, Sangyup & Hashimoto, Yuko, 2018. "Does transparency pay? Evidence from IMF data transparency policy reforms and emerging market sovereign bond spreads," Journal of International Money and Finance, Elsevier, vol. 88(C), pages 171-190.
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    80. Salih BARIŞIK & Kubilay ERGEN, 2023. "Heterogenous Effects of the Determinants of Pro-market Reforms: Panel Quantile Estimation for OECD Countries," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(2), pages 36-51, June.
    81. Orkun Saka & Yuemei Ji & Clement Minaudier, 2024. "Political Accountability During Crises: Evidence from 40 Years of Financial Policies," CESifo Working Paper Series 11461, CESifo.
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    83. Gawel, Erik & Lehmann, Paul & Strunz, Sebastian & Heuson, Clemens, 2018. "Public Choice barriers to efficient climate adaptation – theoretical insights and lessons learned from German flood disasters," Journal of Institutional Economics, Cambridge University Press, vol. 14(3), pages 473-499, June.
    84. Alessandra Bonfiglioli & Gino Gancia, 2010. "The political cost of reforms (preliminar version of working paper number 1360: Uncertainty, electoral incentives and political myopia)," Economics Working Papers 1250, Department of Economics and Business, Universitat Pompeu Fabra, revised Jun 2011.
    85. Ansgar Belke & Bernhard Herz & Lukas Vogel, 2007. "Reforms, Exchange Rates and Monetary Commitment: A Panel Analysis for OECD Countries," Open Economies Review, Springer, vol. 18(3), pages 369-388, July.
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    87. Babajide Fowowe, 2011. "Financial Sector Reforms And Private Investment In Sub-Saharan African Countries," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 36(3), pages 79-97, September.
    88. Li, Jingheng & Xi, Tianyang & Yao, Yang, 2020. "Empowering knowledge: Political leaders, education, and economic liberalization," European Journal of Political Economy, Elsevier, vol. 61(C).
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    91. Saka, Orkun & Ji, Yuemei & De Grauwe, Paul, 2021. "Financial policymaking after crises: Public vs. private interests," BOFIT Discussion Papers 10/2021, Bank of Finland Institute for Emerging Economies (BOFIT).
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  4. Drazen, Allan, 2000. "Interest-rate and borrowing defense against speculative attack," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 53(1), pages 303-348, December.

    Cited by:

    1. Eijffinger, S.C.W. & Goderis, B.V.G., 2008. "The effect of monetary policy on exchange rates during currency crises : The role of debt, institutions and financial openness," Other publications TiSEM 4302d92e-464e-40f4-b67e-a, Tilburg University, School of Economics and Management.
    2. Christian Hellwig, 2002. "Signaling in a Global Game: Coordination and Policy Traps (J.P.E., June 2006)," UCLA Economics Online Papers 209, UCLA Department of Economics.
    3. Yuk-shing CHENG & Chi-shing CHAN & Chor-yiu SIN, 2004. "Currency attack/defense with two-sided private information," Econometric Society 2004 Far Eastern Meetings 395, Econometric Society.
    4. Christian Hellwig, "undated". "Policy in a Global Coordination Game: Multiplicity vs. Robust Predictions (November 2006, with Marios Angeletos and Alessandro Pavan)," UCLA Economics Online Papers 401, UCLA Department of Economics.
    5. George-Marios Angeletos & Alessandro Pavan, 2012. "Selection-Free Predictions in Global Games with Endogenous Information and Multiple Equilibria," Discussion Papers 1570, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    6. Daniëls, Tijmen R. & Jager, Henk & Klaassen, Franc, 2009. "Defending against speculative attacks," SFB 649 Discussion Papers 2009-011, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
    7. Allan Drazen & Stefan Hubrich, 2006. "A Simple Test of the Effect of Interest Rate Defense," NBER Working Papers 12616, National Bureau of Economic Research, Inc.
    8. Drazen, Allan & Hubrich, Stefan, 2003. "Mixed Signals in Defending the Exchange Rate: What do the Data Say?," CEPR Discussion Papers 4050, C.E.P.R. Discussion Papers.
    9. Jac C. Heckelman & Bonnie Wilson, 2021. "Targeting inflation targeting: the influence of interest groups," Public Choice, Springer, vol. 189(3), pages 533-554, December.
    10. Reinhart, Carmen & Kaminsky, Graciela & Vegh, Carlos, 2004. "When it rains, it pours: Procyclical capital flows and macroeconomic policies," MPRA Paper 13883, University Library of Munich, Germany.
    11. Kathy Yuan & Emre Ozdenoren & Itay Goldstein, 2008. "Learning and Complementarities: Implications for Speculative Attacks," 2008 Meeting Papers 276, Society for Economic Dynamics.
    12. Grier, Kevin & Lin, Shu, 2010. "Do high interest rates deter speculative attacks? - Evidence and some theory," Journal of International Money and Finance, Elsevier, vol. 29(5), pages 938-950, September.
    13. Amartya Lahiri & Carlos A. Vegh, 2000. "Delaying the Inevitable: Optimal Interest Rate Policy and BOP Crises," NBER Working Papers 7734, National Bureau of Economic Research, Inc.
    14. Abakah, Emmanuel Joel Aikins & Brahim, Mariem & Carlotti, Jean-Etienne & Tiwari, Aviral Kumar & Mensi, Walid, 2024. "Extreme downside risk connectedness and portfolio hedging among the G10 currencies," International Economics, Elsevier, vol. 178(C).
    15. Ramkishen S. Rajan, 2007. "Managing new-style currency crises: the swan diagram approach revisited," Journal of International Development, John Wiley & Sons, Ltd., vol. 19(5), pages 583-606.
    16. Daniëls, Tijmen R. & Jager, Henk & Klaassen, Franc, 2011. "Currency crises with the threat of an interest rate defence," Journal of International Economics, Elsevier, vol. 85(1), pages 14-24, September.
    17. Tullio Gregori, 2009. "Currency crisis duration and interest defence," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 14(3), pages 256-267.
    18. George-Marios Angeletos & Christian Hellwig & Alessandro Pavan, 2005. "Signaling in a Global Game: Coordination and Policy Traps," Discussion Papers 1400, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    19. Farshid Pourshahabi & Nazar Dahmardeh, 2014. "The Effects of Economic Sanctions and Speculative Attacks on Inflation," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 18(3), pages 45-67, Autumn.
    20. Bosma, Jakob J., 2016. "Dueling policies: Why systemic risk taxation can fail," European Economic Review, Elsevier, vol. 87(C), pages 132-147.
    21. Drazen, Allan & Hubrich, Stefan, 2006. "A simple test of the effect of interest rate defense," Journal of the Japanese and International Economies, Elsevier, vol. 20(4), pages 612-636, December.

  5. Bartolini, Leonardo & Drazen, Allan, 1997. "When liberal policies reflect external shocks, what do we learn?," Journal of International Economics, Elsevier, vol. 42(3-4), pages 249-273, May.
    See citations under working paper version above.
  6. Bartolini, Leonardo & Drazen, Allan, 1997. "Capital-Account Liberalization as a Signal," American Economic Review, American Economic Association, vol. 87(1), pages 138-154, March.
    See citations under working paper version above.
  7. Drazen, Allan & Gottfries, Nils, 1994. "Seniority Rules and the Persistence of Unemployment," Oxford Economic Papers, Oxford University Press, vol. 46(2), pages 228-244, April.

    Cited by:

    1. De Paola, Maria & Scoppa, Vincenzo, 2003. "Family ties and training provision in an insider-outsider framework," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 32(2), pages 197-217, May.
    2. De Paola, Maria & Scoppa, Vincenzo, 2005. "The Role of Family Ties in the Labour Market. An Interpretation Based on Efficiency Wage Theory," MPRA Paper 8956, University Library of Munich, Germany.
    3. Hiroyuki Ozaki & Peter A. Streufert, 2001. "Solutions For Some Dynamic Problems With Uncertainty Aversion," The Japanese Economic Review, Japanese Economic Association, vol. 52(3), pages 251-283, September.
    4. Eriksson, S. & Gottfries, N., 2000. "Ranking of Job Applicants, On-the-Job Search and Persistent Unemployment," Papers 2000:3, Uppsala - Working Paper Series.
    5. Lee, Darin & Singer, Ethan, 2014. "What's your number? Interpreting the “fair and equitable” standard in seniority integration for airlines and other industries," Economics of Transportation, Elsevier, vol. 3(1), pages 2-15.

  8. Bertola, Giuseppe & Drazen, Allan, 1993. "Trigger Points and Budget Cuts: Explaining the Effects of Fiscal Austerity," American Economic Review, American Economic Association, vol. 83(1), pages 11-26, March.
    See citations under working paper version above.
  9. Drazen, Allan & Grilli, Vittorio, 1993. "The Benefit of Crises for Economic Reforms," American Economic Review, American Economic Association, vol. 83(3), pages 598-607, June.
    See citations under working paper version above.
  10. Alesina, Alberto & Drazen, Allan, 1991. "Why Are Stabilizations Delayed?," American Economic Review, American Economic Association, vol. 81(5), pages 1170-1188, December.
    See citations under working paper version above.
  11. Drazen, Allan & Eckstein, Zvi, 1989. "On the Organization of Rural Markets and the Process of Economic Development: Reply," American Economic Review, American Economic Association, vol. 79(5), pages 1299-1299, December.

    Cited by:

    1. Skinner, Jonathan, 1996. "The dynamic efficiency cost of not taxing housing," Journal of Public Economics, Elsevier, vol. 59(3), pages 397-417, March.

  12. Drazen, Allan & Eckstein, Zvi, 1988. "On the Organization of Rural Markets and the Process of Economic Development," American Economic Review, American Economic Association, vol. 78(3), pages 431-443, June.

    Cited by:

    1. Haiwen Zhou, 2019. "Resource abundance, market size, and the choice of technology," Bulletin of Economic Research, Wiley Blackwell, vol. 71(4), pages 641-656, October.
    2. Mr. Alex Mourmouras & Mr. Peter Rangazas, 2008. "Fiscal Policy and Economic Development," IMF Working Papers 2008/155, International Monetary Fund.
    3. Roberto Brunetti & Carl Gaigné & Fabien Moizeau, 2023. "Land, Wealth, and Taxation," Economics Working Paper Archive (University of Rennes & University of Caen) 2023-06, Center for Research in Economics and Management (CREM), University of Rennes, University of Caen and CNRS.
    4. Matthias Kalkuhl & Ottmar Edenhofer, 2016. "Knowing the Damages is not Enough: The General Equilibrium Impacts of Climate Change," CESifo Working Paper Series 5862, CESifo.
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    7. Hui Li & Kunqiu Chen & Lei Yan & Yulin Zhu & Liuwen Liao & Yangle Chen, 2021. "Urban Land Use Transitions and the Economic Spatial Spillovers of Central Cities in China’s Urban Agglomerations," Land, MDPI, vol. 10(6), pages 1-27, June.
    8. Sibabrata Das & Alex Mourmouras & Peter C. Rangazas, 2015. "Wage and Fertility Gaps in Dual Economies," Springer Texts in Business and Economics, in: Economic Growth and Development, edition 127, chapter 0, pages 123-160, Springer.
    9. Graziella Bertocchi, 2006. "The Law of Primogeniture and the Transition from Landed Aristocracy to Industrial Democracy," Journal of Economic Growth, Springer, vol. 11(1), pages 43-70, March.
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    14. Alex Mourmouras & Peter Rangazad, 2007. "Reconciling Kuznets and Habbakuk in a Unified Growth Theory," Working Papers wp200704, Indiana University-Purdue University Indianapolis, Department of Economics.
    15. ZHANG Wei-Bin, 2015. "Values Of Land And Renewable Resources In A Three-Sector Economic Growth Model," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 10(1), pages 156-186, April.
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    20. Ho, Chi Pui, 2016. "Rise of Women in Unified Growth Theory: French Development Process and Policy Implications," MPRA Paper 73864, University Library of Munich, Germany.
    21. Haiwen Zhou & Ruhai Zhou, 2016. "A Dynamic Model of the Choice of Technology in Economic Development," Frontiers of Economics in China-Selected Publications from Chinese Universities, Higher Education Press, vol. 11(3), pages 498-518, September.
    22. Rodriguez Acosta, Mauricio, 2016. "Essays in political economy and resource economic : A macroeconomic approach," Other publications TiSEM 1e39ef1b-43a2-4f95-892c-6, Tilburg University, School of Economics and Management.
    23. Monchuk, Daniel C. & Miranowski, John A., 2002. "The Effect Of Innovative Behavior And Technological Spillovers On Employment Growth In The Us Midwest," 2002 Annual meeting, July 28-31, Long Beach, CA 19773, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
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    28. Peter Stauvermann, 2002. "Endogenous growth, land and intemporal efficiency," History of Economic Ideas, Fabrizio Serra Editore, Pisa - Roma, vol. 10(1), pages 63-77.
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  13. Drazen, Allan, 1988. "Self-fulfilling Optimism in a Trade-Friction Model of the Business Cycle," American Economic Review, American Economic Association, vol. 78(2), pages 369-372, May.

    Cited by:

    1. Sniekers, F., 2014. "Persistence and volatility of Beveridge cycles," CeNDEF Working Papers 14-11, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance.
    2. Joydeep Bhattacharya & Helle Bunzel, 2003. "Dynamics of the planning solution in the discrete-time textbook model of labor market search and matching," Economics Bulletin, AccessEcon, vol. 5(19), pages 1-10.
    3. Bhattacharya, J. & Bunzel, H., 2003. "Chaotic Planning Solutions in the Textbook Model of Labor Market Search and Matching," Discussion Paper 2003-15, Tilburg University, Center for Economic Research.
    4. Bhattacharya, Joydeep & Bunzel, Helle, 2003. "Dynamics of the planning solution in the discrete-time textbook model of labor market search and matching," ISU General Staff Papers 200311240800001189, Iowa State University, Department of Economics.
    5. Melvyn Coles & Randall Wright, 1994. "Dynamic bargaining theory," Staff Report 172, Federal Reserve Bank of Minneapolis.
    6. Godfrey Keller & Kevin Roberts & Margaret Stevens, 2007. "Unemployment, Participation and Market Size," Economics Series Working Papers 362, University of Oxford, Department of Economics.
    7. Ennis, H.M.Huberto M., 2004. "Macroeconomic fluctuations and bargaining," Journal of Economic Theory, Elsevier, vol. 115(2), pages 322-340, April.
    8. Coles, Melvyn G. & Wright, Randall, 1998. "A Dynamic Equilibrium Model of Search, Bargaining, and Money," Journal of Economic Theory, Elsevier, vol. 78(1), pages 32-54, January.

  14. Drazen, Allan, 1986. "Optimal Minimum Wage Legislation," Economic Journal, Royal Economic Society, vol. 96(383), pages 774-784, September.

    Cited by:

    1. Carter, Thomas J., 1998. "Minimum wage laws: what does an employment increase imply about output and welfare?," Journal of Economic Behavior & Organization, Elsevier, vol. 36(4), pages 473-485, September.
    2. Fleck, Robert K., 2014. "Can prohibitions on “price gouging” reduce deadweight losses?," International Review of Law and Economics, Elsevier, vol. 37(C), pages 100-107.
    3. Agenor, Pierre-Richard & Aizenman, Joshua, 1999. "Macroeconomic adjustment with segmented labor markets," Journal of Development Economics, Elsevier, vol. 58(2), pages 277-296, April.
    4. Basu, Kaushik, 2005. "Labor Laws and Labor Welfare in the Context of the Indian Experience," Working Papers 05-17, Cornell University, Center for Analytic Economics.
    5. Robin Boadway & Katherine Cuff & Nicolas Marceau, 1999. "Inter-Jurisdictional Competition for Firms: Jobs as Vehicles for Redistribution," Cahiers de recherche CREFE / CREFE Working Papers 85, CREFE, Université du Québec à Montréal, revised Jul 1999.
    6. Lin, Chung-cheng, 2004. "Bonding, shirking and adverse selection," Economic Modelling, Elsevier, vol. 21(3), pages 545-560, May.
    7. Nora Lustig & Darryl McLeod, 1995. "Salario mínimo y pobreza: un análisis de corte transversal para países en desarrollo," Coyuntura Social 13219, Fedesarrollo.
    8. MacDonald, Stephen & Pan, Suwen & Hudson, Darren & Tuan, Francis C., 2011. "Toward a Consumer Economy in China: Implications of Changing Wage Policies for U.S. Cotton Exports," 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania 103615, Agricultural and Applied Economics Association.
    9. Deltas, George, 2007. "Can a minimum wage increase employment and reduce prices in a neoclassical perfect information economy?," Journal of Mathematical Economics, Elsevier, vol. 43(6), pages 657-674, August.
    10. Laroque, Guy & Cahuc, Pierre, 2007. "Optimal Taxation and Monopsonistic Labour Market: Does Monopsony Justify the Minimum Wage?," CEPR Discussion Papers 6416, C.E.P.R. Discussion Papers.
    11. Laura Giuliano, 2011. "Minimum Wage Effects on Employment, Substitution, and the Teenage Labor Supply: Evidence from Personnel Data," Working Papers 2011-12, University of Miami, Department of Economics.
    12. Laura Giuliano, 2007. "Minimum wage effects on employment, substitution, and the quality of the teenage labor supply: Evidence from personal data," Working Papers 0723, University of Miami, Department of Economics.
    13. Thomas J. Carter, 1999. "Are Wages Too Low? Empirical Implications of Efficiency Wage Models," Southern Economic Journal, John Wiley & Sons, vol. 65(3), pages 594-602, January.
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    15. Paul Eamets & Amaresh K. Tiwari, 2019. "Minimum Wage in Estonia and its Impact on Employment and Wage Distribution," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 16(04), pages 37-43, January.

  15. Drazen, Allan, 1985. "Cyclical Determinants of the Natural Level of Economic Activity," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 26(2), pages 387-397, June.

    Cited by:

    1. Cooper, Russell W. & Johri, Alok, 1997. "Dynamic complementarities: A quantitative analysis," Journal of Monetary Economics, Elsevier, vol. 40(1), pages 97-119, September.
    2. Harris Dellas & Plutarchos Sakellaris, 2003. "On the cyclicality of schooling: theory and evidence," Oxford Economic Papers, Oxford University Press, vol. 55(1), pages 148-172, January.
    3. Sushant Acharya & Julien Bengui & Keshav Dogra & Shu Lin Wee, 2017. "Slow recoveries and unemployment traps: monetary policy in a time of hysteresis," Staff Reports 831, Federal Reserve Bank of New York.
    4. Sushant Acharya & Julien Bengui & Keshav Dogra & Shu Lin Wee, 2016. "Escaping Unemployment Traps," Liberty Street Economics 20161116, Federal Reserve Bank of New York.

  16. Drazen, Allan, 1980. "Recent Developments in Macroeconomic Disequilibrium Theory," Econometrica, Econometric Society, vol. 48(2), pages 283-306, March.

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    1. Drazen, Allan, 1985. "A Rational Expectations Keynesian Model with Price Flexibility," Foerder Institute for Economic Research Working Papers 275386, Tel-Aviv University > Foerder Institute for Economic Research.
    2. Don Patinkin, 1987. "Walras' Law," WIDER Working Paper Series wp-1987-013, World Institute for Development Economic Research (UNU-WIDER).
    3. Allan Drazen & Daniel S. Hamermesh & Norman P. Obst, 1981. "Quantity and Elasticity Spillovers onto the Labor Market: Theory and Evidence on Sluggishness," NBER Working Papers 0676, National Bureau of Economic Research, Inc.
    4. Conway, Patrick & Gelb, Alan, 1988. "Oil windfalls in a controlled economy : A fix-price equilibrium analysis of Algeria," Journal of Development Economics, Elsevier, vol. 28(1), pages 63-81, February.
    5. Swanenberg, A.J.M., 1981. "Rationing and price dynamics in a simple market-game," Other publications TiSEM 43559370-0b7a-4bd0-87ed-6, Tilburg University, School of Economics and Management.
    6. Alan S. Blinder & Louis J. Maccini, 1990. "The Resurgence of Inventory Research: What Have We Learned?," NBER Working Papers 3408, National Bureau of Economic Research, Inc.
    7. Goulven Rubin, 2014. "Disequilibrium economics: some comments about its nature, origins and fate. A review essay of "Transforming Modern Macroeconomics, The Relationship of Micro and Macroeconomics in Historical Persp," Working Papers halshs-01091765, HAL.
    8. Alessandro Citanna & Herve Cres & Antonio Villanacci, "undated". "Underemployment of resources and self-fulfilling beliefs: Nonwalrasian allocations at walrasian prices," GSIA Working Papers 11, Carnegie Mellon University, Tepper School of Business.
    9. Michaillat, Pascal & Saez, Emmanuel, 2015. "Aggregate demand, idle time, and unemployment," LSE Research Online Documents on Economics 61832, London School of Economics and Political Science, LSE Library.
    10. Luba Petersen & Guidon Fenig, 2015. "Distributing scarce jobs and output: Experimental evidence on the effects of rationing," Discussion Papers dp15-02, Department of Economics, Simon Fraser University.
    11. van der Laan, G. & Talman, A.J.J., 1989. "Price rigidities and rationing," Other publications TiSEM 6233bbaf-ac2d-424f-b0a7-e, Tilburg University, School of Economics and Management.
    12. Raberto, Marco & Teglio, Andrea & Cincotti, Silvano, 2006. "A dynamic general disequilibrium model of a sequential monetary production economy," Chaos, Solitons & Fractals, Elsevier, vol. 29(3), pages 566-577.
    13. Matthieu Renault, 2020. "Theory to the Rescue of Large-scale Models: Edmond Malinvaud's Alternative View on the Search for Microfoundations," GREDEG Working Papers 2020-27, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France, revised Apr 2021.
    14. Arantza Gorostiaga, 2004. "Optimal Fiscal Policy with Rationing in the Labor Market," Economic Working Papers at Centro de Estudios Andaluces E2004/10, Centro de Estudios Andaluces.
    15. Gordon, Robert J, 1981. "Output Fluctuations and Gradual Price Adjustment," Journal of Economic Literature, American Economic Association, vol. 19(2), pages 493-530, June.
    16. Citanna, A. & Crès, H. & Drèze, J. & Herings, P.J.J. & Villanacci, A., 2001. "Continua of underemployment equilibria reflecting coordination failures, also at Walrasian prices," Research Memorandum 010, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    17. Ronald Balvers, 1992. "A Keynesian general equilibrium model with competitive firms and rational expectations," Journal of Economics, Springer, vol. 56(1), pages 23-38, February.
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    19. Aba Schwartz, 1982. "The Implicit Contract Model and Labor Markets: A Critique," Discussion Papers 513, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    20. Pedro Garcia Duarte & Gilberto Tadeu Lima, 2011. "Privileging Micro over Macro? A History of Conflicting Positions," Working Papers, Department of Economics 2011_01, University of São Paulo (FEA-USP).
    21. Plassard, Romain, 2021. "Barro, Grossman, and the domination of equilibrium macroeconomics," MPRA Paper 107201, University Library of Munich, Germany.
    22. Alexandre Flávio Silva Andrada, 2011. "Uma Breve História Sobre A Abordagem Dedesequilíbrio Na Economia," Anais do XXXVIII Encontro Nacional de Economia [Proceedings of the 38th Brazilian Economics Meeting] 233, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    23. Swanenberg, A.J.M., 1981. "Rationing and price dynamics in a simple market-game," Research Memorandum FEW 97, Tilburg University, School of Economics and Management.
    24. Brendan Markey‐Towler, 2019. "The New Microeconomics: A Psychological, Institutional, and Evolutionary Paradigm with Neoclassical Economics as a Special Case," American Journal of Economics and Sociology, Wiley Blackwell, vol. 78(1), pages 95-135, January.
    25. Ramser, Hans Jürgen, 1992. "Nicht-kompetitive Gütermärkte im makroökonomischen Modell," Discussion Papers, Series I 263, University of Konstanz, Department of Economics.
    26. Earl A. Thompson, 1980. "Who Should Control the Money Supply?," UCLA Economics Working Papers 178, UCLA Department of Economics.
    27. Nicolaas J. Vriend, 1996. "A model of market-making," Economics Working Papers 184, Department of Economics and Business, Universitat Pompeu Fabra.
    28. Mauro Boianovsky & Roger Backhouse, 2006. "Whatever Happened To Microfoundations?," Anais do XXXIV Encontro Nacional de Economia [Proceedings of the 34th Brazilian Economics Meeting] 76, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    29. Ramser, Hans Jürgen, 1981. "Stand und Entwicklungsperspektiven der Konjunkturtheorie," Discussion Papers, Series I 158, University of Konstanz, Department of Economics.
    30. Citanna, A. & Cres, H. & Dreze, J. & Herings, P.J.J. & Villanacci, A., 2001. "Underemployment of resources and self-fulfilling beliefs: non-Walrasian allocations at Walrasian prices," Research Memorandum 041, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    31. Marco Raberto & Andrea Teglio, 2005. "A dynamic model of a monetary production economy under the disequilibrium economics approach," Computing in Economics and Finance 2005 320, Society for Computational Economics.
    32. Victor Zarnowitz, 1984. "Recent Work on Business Cycles in Historical Perspective: Review of Theories and Evidence," NBER Working Papers 1503, National Bureau of Economic Research, Inc.
    33. Drazen, Allan & Hamermesh, Daniel & Obst, Norman P., 1982. "The Variable Employment Elasticity Hypothesis: Theory and Evidence," Foerder Institute for Economic Research Working Papers 275358, Tel-Aviv University > Foerder Institute for Economic Research.
    34. H. Abraham, 1988. "Notes and Comments: Non Walrasian Equilibria and Involuntary Unemployment," South African Journal of Economics, Economic Society of South Africa, vol. 56(2‐3), pages 123-126, June.
    35. Sharefkin, Mark, 1982. "Stabilization and Growth Policy with Uncertain Oil Prices: Some Rules of Thumb," Working Paper Series 60, Research Institute of Industrial Economics.
    36. Eric Kades, 1985. "Fixprice models for dynamic studies," Working Papers (Old Series) 8504, Federal Reserve Bank of Cleveland.
    37. Marois, William, 1986. "Théorie du déséquilibre et politique économique en économie ouverte," L'Actualité Economique, Société Canadienne de Science Economique, vol. 62(2), pages 257-288, juin.
    38. Guidon Fenig & Luba Petersen, 2017. "Distributing scarce jobs and output: experimental evidence on the dynamic effects of rationing," Experimental Economics, Springer;Economic Science Association, vol. 20(3), pages 707-735, September.
    39. Cassola, Nuno & Ewerhart, Christian & Valla, Natacha, 2005. "Equilibrium and inefficiency in fixed rate tenders," Working Paper Series 554, European Central Bank.
    40. Amedeo Panci, 1999. "Multiple equilibria: coordination failure and endogenous cycle," Working Papers in Public Economics 30, Department of Economics and Law, Sapienza University of Roma.
    41. Bruinshoofd, W.A. & Letterie, W.A., 2001. "Comovement of sales, retention practice and financing constraints in Dutch manufacturing," Research Memorandum 003, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    42. Fluet, Claude, 1985. "Bénassy et la macroéconomie du déséquilibreJean-Pascal Bénassy, Macréoconomie et théorie du déséquilibre, Dunod, Paris, 1984," L'Actualité Economique, Société Canadienne de Science Economique, vol. 61(2), pages 239-251, juin.
    43. Roger Backhouse & Mauro Boianovsky, 2005. "Disequilibrium Macroeconomics: An Episode In The Transformation Of Modern Macroeconomics," Anais do XXXIII Encontro Nacional de Economia [Proceedings of the 33rd Brazilian Economics Meeting] 012, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    44. van der Ploeg, F., 1987. "Rationing in open economy and dynamic macroeconomics : A survey," Research Memorandum FEW 269, Tilburg University, School of Economics and Management.
    45. Robert Jump, 2014. "Animal spirits and unemployment: a disequilibrium analysis," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 9(2), pages 255-274, October.

  17. Drazen, Allan, 1978. "Government Debt, Human Capital, and Bequests in a Life-Cycle Model," Journal of Political Economy, University of Chicago Press, vol. 86(3), pages 505-516, June.

    Cited by:

    1. Emmanuel Thibault, 2001. "Labor immigration and long-run welfare in a growth model with heterogenous agents and endogenous labor supply," Journal of Population Economics, Springer;European Society for Population Economics, vol. 14(2), pages 391-407.
    2. Michel, Philippe & Vidal, Jean-Pierre & Thibault, Emmanuel, 2004. "Intergenerational altruism and neoclassical growth models," Working Paper Series 386, European Central Bank.
    3. John C. Bluedorn & Elizabeth U. Cascio, 2005. "Education and Intergenerational Mobility: Evidence from a Natural Experiment in Purerto Rico," Economics Papers 2005-W21, Economics Group, Nuffield College, University of Oxford.
    4. Andrew B. Abel, 1987. "An Analysis of Fiscal Policy Under Operative and Inoperative Bequest Motives," NBER Working Papers 2298, National Bureau of Economic Research, Inc.
    5. Andrew B. Abel & Mark Warshawsky, "undated". "Specification of the Joy of Giving: Insights from Altruism," Rodney L. White Center for Financial Research Working Papers 3-87, Wharton School Rodney L. White Center for Financial Research.
    6. Philippe Weil, 1987. "Love Thy Children," Post-Print hal-03393237, HAL.
    7. Joseph G. Altonji & Fumio Hayashi & Laurence Kotlikoff, "undated". "Parental Altruism and Inter Vivos Transfers: Theory and Evidence," IPR working papers 95-22, Institute for Policy Resarch at Northwestern University.
    8. Andrew B. Abel, 1985. "Capital Accumulation and Uncertain Lifetimes with Adverse Selection," NBER Working Papers 1664, National Bureau of Economic Research, Inc.
    9. CREMER, Helmuth & PESTIEAU, Pierre, 2006. "Intergenerational transfer of human capital and optimal education policy," LIDAM Reprints CORE 1876, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    10. Katarina Nordblom, 2001. "Within-the-family education and its impact on equality," Public Economics 0105004, University Library of Munich, Germany.
    11. Michele Tertilt, 2010. "Who Owns Children and Does it Matter?," Discussion Papers 09-003, Stanford Institute for Economic Policy Research.
    12. Gary S. Becker & Nigel Tomes, "undated". "Human Capital and the Rise and Fall of Families," University of Chicago - Population Research Center 84-10, Chicago - Population Research Center.
    13. Kotlikoff, Laurence J & Razin, Assaf & Rosenthal, Robert W, 1990. "A Strategic Altruism Model in Which Ricardian Equivalence Does Not Hold," Economic Journal, Royal Economic Society, vol. 100(403), pages 1261-1268, December.
    14. Lambrecht, Stéphane & Michel, Philippe & Vidal, Jean-Pierre, 2001. "Public pensions and growth," Working Paper Series 90, European Central Bank.
    15. Riera Prunera, Maria Carmen, 2000. "A Role For Deficit In Economic Growth," ERSA conference papers ersa00p335, European Regional Science Association.
    16. Sinn, Hans-Werner, 2004. "The pay-as-you-go pension system as fertility insurance and an enforcement device," Munich Reprints in Economics 938, University of Munich, Department of Economics.
    17. Woźny, Łukasz & Growiec, Jakub, 2008. "Intergenerational interactions in human capital accumulation," MPRA Paper 10308, University Library of Munich, Germany.
    18. Luisa Lambertini, 2001. "Technological Change and Public Financing of Education," Boston College Working Papers in Economics 579, Boston College Department of Economics.
    19. Farmer, Michael C., 2005. "Environmental consequences of social security reform: a second best threat to public conservation," Ecological Economics, Elsevier, vol. 53(2), pages 191-209, April.
    20. Julio Dávila, 2020. "Bequests or Education," Post-Print halshs-02899993, HAL.
    21. Abel, Andrew B., 1989. "Birth, death and taxes," Journal of Public Economics, Elsevier, vol. 39(1), pages 1-15, June.
    22. Lawrence H. Summers, 1978. "Tax Policy in a Life Cycle Model," NBER Working Papers 0302, National Bureau of Economic Research, Inc.
    23. Zhang, Jie, 1995. "Social security and endogenous growth," Journal of Public Economics, Elsevier, vol. 58(2), pages 185-213, October.
    24. Nordblom, Katarina, 2003. "Is increased public schooling really a policy for equality?: The role of within-the-family education," Journal of Public Economics, Elsevier, vol. 87(9-10), pages 1943-1965, September.
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    26. Galor, Oded & Zang, Hyoungsoo, 1997. "Fertility, income distribution, and economic growth: Theory and cross-country evidence," Japan and the World Economy, Elsevier, vol. 9(2), pages 197-229, May.
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    28. Terry A. Marsh, 1985. "Asset Pricing Model Specification and the Term Structure Evidence," NBER Working Papers 1612, National Bureau of Economic Research, Inc.
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    40. Trostel, Philip A., 1995. "The Effect of Deficit Finance on Human Capital," National Tax Journal, National Tax Association;National Tax Journal, vol. 48(4), pages 531-546, December.
    41. Jie Zhang, 1997. "Government Debt, Human Capital, and Endogenous Growth," Southern Economic Journal, John Wiley & Sons, vol. 64(1), pages 281-292, July.
    42. S. Rao Aiyagari, 1987. "Intergenerational linkages and government budget policies," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 11(Spr), pages 14-23.
    43. Azariadis, Costas, 1987. "Human Capital And Self-Enforcing Contracts," Economic Research Papers 268330, University of Warwick - Department of Economics.
    44. Raymond G. Batina & Toshihiro Ihori, 2024. "On the Ricardian Equivalence Theorem in the Presence of Banks and a Reserve Requirement," Public Finance Review, , vol. 52(4), pages 539-560, July.
    45. Stefan Dietrich Josten, 2002. "National Debt, Borrowing Constraints, and Human Capital Accumulation in an Endogenous Growth Model," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 58(3), pages 317-338, July.
    46. Yuen, Chi-Wa, 2007. "Yet another long-run neutrality result: Absence of tax-induced growth effects under implicit intergenerational contracts," Economics Letters, Elsevier, vol. 95(1), pages 25-31, April.
    47. Geoffrey M. B. Tootell, 1992. "Back to the future: monetary policy and the twin deficits," Working Papers 92-1, Federal Reserve Bank of Boston.
    48. Chatzouz, Moustafa, 2014. "Government Debt and Wealth Inequality: Theory and Insights from Altruism," MPRA Paper 77007, University Library of Munich, Germany.
    49. Aoki, Takaaki, 2006. "Some Propositions on Intergenerational Risk Sharing, Social Security and Self-Insurance," MPRA Paper 11684, University Library of Munich, Germany.
    50. Michael Dotsey, 1985. "Controversy over the federal budget deficit : a theoretical perspective," Economic Review, Federal Reserve Bank of Richmond, vol. 71(Sep), pages 3-16.
    51. Maria Carme Riera i Prunera, 2003. "Deficit, human capital and economic growth dynamics," Working Papers in Economics 102, Universitat de Barcelona. Espai de Recerca en Economia.
    52. Andrew B. Abel, 1984. "Bequests and Social Security With Uncertain Lifetimes," NBER Working Papers 1372, National Bureau of Economic Research, Inc.

Chapters

  1. Allan Drazen, 2003. "Interest Rate Defense against Speculative Attack as a Signal. A Primer," NBER Chapters, in: Managing Currency Crises in Emerging Markets, pages 37-59, National Bureau of Economic Research, Inc.

    Cited by:

    1. Eijffinger, S.C.W. & Goderis, B.V.G., 2008. "The effect of monetary policy on exchange rates during currency crises : The role of debt, institutions and financial openness," Other publications TiSEM 4302d92e-464e-40f4-b67e-a, Tilburg University, School of Economics and Management.
    2. Nakatani, Ryota, 2017. "Real and Financial Shocks, Exchange Rate Regimes and the Probability of a Currency Crisis," MPRA Paper 82186, University Library of Munich, Germany.
    3. Flood, Robert P. & Jeanne, Olivier, 2005. "An interest rate defense of a fixed exchange rate?," Journal of International Economics, Elsevier, vol. 66(2), pages 471-484, July.
    4. Mr. Juan Sole, 2004. "Interest Rate Defenses of Currency Pegs," IMF Working Papers 2004/085, International Monetary Fund.
    5. Amartya Lahiri & Carlos A. Végh, 2007. "Output Costs, Currency Crises and Interest Rate Defence of a Peg," Economic Journal, Royal Economic Society, vol. 117(516), pages 216-239, January.
    6. Kraeussl, Roman, 2003. "Do Credit Rating Agencies Add to the Dynamics of Emerging Market Crises?," CFS Working Paper Series 2003/18, Center for Financial Studies (CFS).
    7. Frankel, Jeffrey, 2010. "Monetary Policy in Emerging Markets," Handbook of Monetary Economics, in: Benjamin M. Friedman & Michael Woodford (ed.), Handbook of Monetary Economics, edition 1, volume 3, chapter 25, pages 1439-1520, Elsevier.
    8. Jeffrey A. Frankel & Shang-Jin Wei, 2004. "Managing Macroeconomic Crises," NBER Working Papers 10907, National Bureau of Economic Research, Inc.
    9. Teimouri, Sheida & Zietz, Joachim, 2017. "Economic costs of alternative monetary policy responses to speculative currency attacks," Journal of International Money and Finance, Elsevier, vol. 73(PB), pages 419-434.
    10. Grier, Kevin & Lin, Shu, 2010. "Do high interest rates deter speculative attacks? - Evidence and some theory," Journal of International Money and Finance, Elsevier, vol. 29(5), pages 938-950, September.
    11. Ramkishen S. Rajan, 2007. "Managing new-style currency crises: the swan diagram approach revisited," Journal of International Development, John Wiley & Sons, Ltd., vol. 19(5), pages 583-606.
    12. Tullio Gregori, 2009. "Currency crisis duration and interest defence," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 14(3), pages 256-267.
    13. Farshid Pourshahabi & Nazar Dahmardeh, 2014. "The Effects of Economic Sanctions and Speculative Attacks on Inflation," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 18(3), pages 45-67, Autumn.
    14. Alibey Kudar, 2021. "Interest rate as the last link of chain during crisis," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(2), pages 3189-3203, April.
    15. Chong Huang, 2011. "Defending Against Speculative Attacks: Reputation, Learning, and Coordination," PIER Working Paper Archive 11-039, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    16. Esaka, Taro, 2014. "Are consistent pegs really more prone to currency crises?," Journal of International Money and Finance, Elsevier, vol. 44(C), pages 136-163.
    17. Drazen, Allan & Hubrich, Stefan, 2006. "A simple test of the effect of interest rate defense," Journal of the Japanese and International Economies, Elsevier, vol. 20(4), pages 612-636, December.

  2. Allan Drazen, 2001. "The Political Business Cycle after 25 Years," NBER Chapters, in: NBER Macroeconomics Annual 2000, Volume 15, pages 75-138, National Bureau of Economic Research, Inc.

    Cited by:

    1. Hoda Youssef, 2012. "Fiscal Manipulation in Non-democratic Regimes: The Case of Egypt," Working Papers 703, Economic Research Forum, revised 2012.
    2. Chiu, Eric M.P., 2020. "Reexamining the Macroeconomic Policy Cycle in Taiwan: Evidence from the Central Bank’s Monetary Reaction Function," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 61(2), pages 89-110, December.
    3. Mr. Christian H Ebeke & Miss Dilan Ölcer, 2013. "Fiscal Policy over the Election Cycle in Low-Income Countries," IMF Working Papers 2013/153, International Monetary Fund.
    4. Rabia Nazir & Muhammad Nasir & Idrees Khawaja, 2022. "Political Budget Cycle: A Sub-National Evidence from Pakistan," Journal of Business Cycle Research, Springer;Centre for International Research on Economic Tendency Surveys (CIRET), vol. 18(3), pages 343-367, November.
    5. Federico Revelli & Roberto Zotti, 2019. "The sacred and the profane of budget cycles: evidence from Italian municipalities," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 26(6), pages 1446-1477, December.
    6. Hallerberg, Mark & Scartascini, Carlos, 2015. "Explaining Changes in Tax Burdens in Latin America: Does Politics Trump Economics?," IDB Publications (Working Papers) 7205, Inter-American Development Bank.
    7. Raveh, Ohad & Tsur, Yacov, 2020. "Reelection, growth and public debt," European Journal of Political Economy, Elsevier, vol. 63(C).
    8. Pi-Han Tsai, 2014. "State Fiscal Rules and Composition Changes in Public Spending before the Election," Public Finance Review, , vol. 42(1), pages 58-91, January.
    9. Jan Kluge & Gunther Markwardt & Christian Thater, 2015. "Self-preserving Leviathans - Evidence from Regional-level Data," CESifo Working Paper Series 5177, CESifo.
    10. Moessinger, Marc-Daniel, 2012. "Do personal characteristics of finance ministers affect the development of public debt?," ZEW Discussion Papers 12-068, ZEW - Leibniz Centre for European Economic Research.
    11. Marcos Yamada Nakaguma & Siegfried Bender, 2004. "A Emenda Da Reeleição E A Lei De Responsabilidade Fiscal: Impactos Sobre Ciclos Políticos E Performance Fiscal Dos Estados (1986-2002)," Anais do XXXII Encontro Nacional de Economia [Proceedings of the 32nd Brazilian Economics Meeting] 025, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    12. Adi Brender & Allan Drazen, 2004. "Political Budget Cycles in New versus Established Democracies," NBER Working Papers 10539, National Bureau of Economic Research, Inc.
    13. Jeffrey Frankel, 2011. "Monetary Policy in Emerging Markets: A Survey," CID Working Papers 215, Center for International Development at Harvard University.
    14. Gonzales, Paula & Hindriks, Jean & Lockwood, Ben & Porteiro, Nicolas, 2006. "Political Budget Cycles and Fiscal Decentralization," The Warwick Economics Research Paper Series (TWERPS) 742, University of Warwick, Department of Economics.
    15. Chen, Daniel L., 2016. "Priming Ideology: Why Presidential Elections Affect U.S. Judges," IAST Working Papers 16-39, Institute for Advanced Study in Toulouse (IAST), revised Aug 2016.
    16. Alberto F. Alesina & Andrea Stella, 2010. "The Politics of Monetary Policy," NBER Working Papers 15856, National Bureau of Economic Research, Inc.
    17. Paola Conconi & David R. DeRemer & Georg Kirchsteiger & Lorenzo Trimarchi & Maurizio Zanardi, 2015. "Suspiciously Timed Trade Disputes," CERS-IE WORKING PAPERS 1523, Institute of Economics, Centre for Economic and Regional Studies.
    18. Toke Aidt & Zareh Asatryan & Lusine Badalyan & Friedrich Heinemann, 2015. "Vote buying or (political) business (cycles) as usual?," Working Papers 2015/23, Institut d'Economia de Barcelona (IEB).
    19. Chauvin, Juan Pablo & Tricaud, Clemence, 2023. "Gender and Electoral Incentives: Evidence from Crisis Response," CEPR Discussion Papers 17904, C.E.P.R. Discussion Papers.
    20. Bostashvili, David & Ujhelyi, Gergely, 2019. "Political budget cycles and the civil service: Evidence from highway spending in US states," Journal of Public Economics, Elsevier, vol. 175(C), pages 17-28.
    21. Jan-Egbert Sturm & Frank Bohn, 2020. "Do Expected Downturns Kill Political Budget Cycles?," KOF Working papers 20-481, KOF Swiss Economic Institute, ETH Zurich.
    22. Fabio Padovano, 2014. "Distribution of transfers and soft budget spending behaviors: evidence from Italian regions," Post-Print halshs-00911854, HAL.
    23. Lopez Uribe, Maria del Pilar, 2013. "Roads or Schools? Political Budget Cycles with different types of voters," MPRA Paper 50529, University Library of Munich, Germany.
    24. Jorge M. Streb, 2011. "Estabilización económica e incentivos políticos," CEMA Working Papers: Serie Documentos de Trabajo. 461, Universidad del CEMA.
    25. Beckmann, Joscha & Rogmann, Jennifer, 2024. "Determinants and effects of country ESG controversy," Energy Economics, Elsevier, vol. 131(C).
    26. Jens, Candace E., 2017. "Political uncertainty and investment: Causal evidence from U.S. gubernatorial elections," Journal of Financial Economics, Elsevier, vol. 124(3), pages 563-579.
    27. Denter, Philipp & Sisak, Dana, 2015. "Do polls create momentum in political competition?," Journal of Public Economics, Elsevier, vol. 130(C), pages 1-14.
    28. McMahon, Michael & Hansen, Stephen, 2013. "First Impressions Matter: Signalling as a Source of Policy Dynamics," CEPR Discussion Papers 9607, C.E.P.R. Discussion Papers.
    29. Ray Sturm, 2013. "Economic policy and the presidential election cycle in stock returns," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 37(2), pages 200-215, April.
    30. Álvaro Díaz, Henry Laverde, John Jairo Gómez, 2011. "Política tributaria y sus efectos sobre la distribución del ingreso en Colombia durante el siglo XX," Revista CIFE, Universidad Santo Tomás, December.
    31. Mella, Javier, 2024. "Corporate taxes, partisan politics, and stock returns," The North American Journal of Economics and Finance, Elsevier, vol. 72(C).
    32. Raveh, Ohad & Tsur, Yacov, 2020. "Resource windfalls and public debt: A political economy perspective," European Economic Review, Elsevier, vol. 123(C).
    33. International Monetary Fund, 2007. "Papua New Guinea: Selected Issues and Statistical Appendix," IMF Staff Country Reports 2007/112, International Monetary Fund.
    34. Kowalski, Tadeusz, 2013. "Globalization and Transformation in Central European Countries: The Case of Poland," MPRA Paper 59306, University Library of Munich, Germany.
    35. Adi Brender & Allan Drazen, 2005. "How Do Budget Deficits and Economic Growth Affect Reelection Prospects? Evidence from a Large Cross-Section of Countries," NBER Working Papers 11862, National Bureau of Economic Research, Inc.
    36. J. Ferris & Soo-Bin Park & Stanley Winer, 2008. "Studying the role of political competition in the evolution of government size over long horizons," Public Choice, Springer, vol. 137(1), pages 369-401, October.
    37. Arsic, Milojko & Nojkovic, Aleksandra & Randjelovic, Sasa, 2017. "Determinants of discretionary fiscal policy in Central and Eastern Europe," Economic Systems, Elsevier, vol. 41(3), pages 367-378.
    38. Sainan Huang & Cristina Terra, 2014. "Exchange Rate Populism," THEMA Working Papers 2014-12, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    39. Zonaira Akbar & Malik Fahim Bashir & Yasir Bin Tariq, 2021. "An analysis of political uncertainty and corporate investment cycles in Pakistan," Quality & Quantity: International Journal of Methodology, Springer, vol. 55(6), pages 2271-2293, December.
    40. Ohad Raveh & Yacov Tsur, 2018. "Resource Windfalls and Public Debt: The Role of Political Myopia," OxCarre Working Papers 205, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    41. Roberto Golinelli & Sandro Momigliano, 2006. "Real-time determinants of fiscal policies in the euro area: Fiscal rules, cyclical conditions and elections," Temi di discussione (Economic working papers) 609, Bank of Italy, Economic Research and International Relations Area.
    42. Lekshmi Nair, 2012. "Policy Disciplining Effect of Capital Account Openness in India," Transition Studies Review, Springer;Central Eastern European University Network (CEEUN), vol. 19(1), pages 43-57, September.
    43. Samuele Murtinu & Giulio Piccirilli & Agnese Sacchi, 2022. "Rational inattention and politics: how parties use fiscal policies to manipulate voters," Public Choice, Springer, vol. 190(3), pages 365-386, March.
    44. Revelli, Federico, 2015. "The electoral migration cycle," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201548, University of Turin.
    45. Jean-Michel Josselin & Fabio Padovano & Yvon Rocaboy, 2013. "Grant legislation vs. political factors as determinants of soft budget spending behaviors. Comparison between Italian and French regions," Post-Print halshs-00920780, HAL.
    46. Denter, Philipp & Sisak, Dana, 2013. "Do Polls Create Momentum in Political Campaigns?," Economics Working Paper Series 1326, University of St. Gallen, School of Economics and Political Science.
    47. Frankel, Jeffrey, 2010. "Monetary Policy in Emerging Markets," Handbook of Monetary Economics, in: Benjamin M. Friedman & Michael Woodford (ed.), Handbook of Monetary Economics, edition 1, volume 3, chapter 25, pages 1439-1520, Elsevier.
    48. Marika Cioffi & Giovanna Messina & Pietro Tommasino, 2012. "Parties, institutions and political budget cycles at the municipal level," Temi di discussione (Economic working papers) 885, Bank of Italy, Economic Research and International Relations Area.
    49. Gerard H. Kuper, 2018. "The powers that are: central bank independence in the Greenspan era," Empirical Economics, Springer, vol. 54(2), pages 485-499, March.
    50. Antoine Cazals & Pierre Mandon, 2015. "Political Budget Cycles: Manipulation of Leaders or Bias from Research? A Meta-Regression Analysis," Working Papers halshs-01238883, HAL.
    51. Lenka Stastna, 2015. "Electoral Cycles in Public Expenditures: Evidence from Czech Local Governments," ERSA conference papers ersa15p822, European Regional Science Association.
    52. J. Stephen Ferris & Bharatee Bhusana Dash, 2019. "Expenditure visibility and voter memory: a compositional approach to the political budget cycle in Indian states, 1959–2012," Economics of Governance, Springer, vol. 20(2), pages 129-157, June.
    53. Antoine CAZALS & Pierre MANDON, 2016. "Political Budget Cycles: Manipulation from Leaders or Manipulation from Researchers? Evidence from a Meta-Regression Analysis," Working Papers 201609, CERDI.
    54. Anton Gerunov, 2016. "Cyclical dynamics of key fiscal aggregates in Bulgaria over the period 1998-2014," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 56-73,74-89.
    55. Rozana Himaz, 2015. "Electoral Effects of Public Sector Austerity Efforts in the United Kingdom 1900-2015," Economics Series Working Papers 773, University of Oxford, Department of Economics.
    56. Masahiro Tanaka, 2015. "Measuring Political Budget Cycles: A Bayesian Semiparametric Assessment," Working Papers 1415, Waseda University, Faculty of Political Science and Economics.
    57. Apergis, Nicholas & Hayat, Tasawar & Saeed, Tareq, 2021. "US partisan conflict uncertainty and oil prices," Energy Policy, Elsevier, vol. 150(C).
    58. Ernesto H. Stein & Jorge M. Streb & Piero Ghezzi, 2005. "Real Exchange Rate Cycles Around Elections," Economics and Politics, Wiley Blackwell, vol. 17(3), pages 297-330, November.
    59. Erotokritos Varelas, 2015. "Number of Banks, Public Debt, and Workable Competition," Review of Economics & Finance, Better Advances Press, Canada, vol. 5, pages 41-51, February.
    60. Hansen, Daniel, 2020. "The effectiveness of fiscal institutions: International financial flogging or domestic constraint?," European Journal of Political Economy, Elsevier, vol. 63(C).
    61. Mohammad Abdul Munim Joarder & A. K. M. Nurul Hossain & Monir Uddin Ahmed, 2016. "Does the central bank contribute to the political monetary cycles in Bangladesh?," Economic Change and Restructuring, Springer, vol. 49(4), pages 365-394, November.
    62. Antoine Cazals & Pierre Mandon, 2016. "Political Budget Cycles: Manipulation from Leaders or Manipulation from Researchers? Evidence from a Meta-Regression Analysis," Working Papers halshs-01320586, HAL.
    63. Frank Bohn, 2018. "Political cycles: Beyond rational expectations," PLOS ONE, Public Library of Science, vol. 13(10), pages 1-23, October.
    64. Yuan-Hong Ho & Chiung-Ju Huang, 2013. "Presidential Election, Checks and Balances, and Allocation of Public Expenditures in Taiwan," Journal of Economics and Management, College of Business, Feng Chia University, Taiwan, vol. 9(1), pages 31-53, January.
    65. Stephen B. Kaplan & Kaj Thomsson, 2014. "The Political Economy of Sovereign Debt: Global Finance and Electoral Cycles," Working Papers 2015-1, The George Washington University, Institute for International Economic Policy.
    66. Bonomo, Marco Antônio Cesar & Terra, Maria Cristina T., 2001. "Elections and exchange rate policy cycles," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 435, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
    67. Kouvavas, Omiros, 2013. "Political Budget Cycles Revisited, the Case for Social Capital," MPRA Paper 57504, University Library of Munich, Germany, revised 15 Sep 2013.
    68. Eichengreen, Barry & Park, Donghyun & Shin, Kwanho, 2024. "Economic resilience: Why some countries recover more robustly than others from shocks," Economic Modelling, Elsevier, vol. 136(C).
    69. Golinelli, Roberto & Momigliano, Sandro, 2006. "Real-time determinants of fiscal policies in the euro area," Journal of Policy Modeling, Elsevier, vol. 28(9), pages 943-964, December.
    70. Restrepo, Diana & Correia, Ricardo & Población, Javier, 2012. "Political risk and corporate investment decisions," DEE - Working Papers. Business Economics. WB 13114, Universidad Carlos III de Madrid. Departamento de Economía de la Empresa.
    71. Fidel Perez-Sebastian & Ohad Raveh, 2019. "Federal tax policies, congressional voting and natural resources," Canadian Journal of Economics, Canadian Economics Association, vol. 52(3), pages 1112-1164, August.
    72. Fagernäs, Sonja & Pelkonen, Panu, 2014. "Politics Before Pupils? Electoral Cycles and School Resources in India," IZA Discussion Papers 8366, Institute of Labor Economics (IZA).
    73. Bharatee Dash & Angara Raja, 2013. "Do political determinants affect the size and composition of public expenditure? A study of the Indian states," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 60(3), pages 293-317, September.
    74. Arslan Razmi, 2018. "Politics-Driven Exchange Rate Cycles : East Asia vs. Latin America," UMASS Amherst Economics Working Papers 2018-14, University of Massachusetts Amherst, Department of Economics.
    75. Ohad Raveh & Yacov Tsur, 2017. "Political Myopia, Public Debt," OxCarre Working Papers 200, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    76. Nadezda Stanova, 2012. "Democratic learning and fiscal rules in the political budget cycles of the CEE countries," International Journal of Economic Policy in Emerging Economies, Inderscience Enterprises Ltd, vol. 5(2), pages 168-182.
    77. Takaku, Reo & Bessho, Shun-ichiro, 2018. "Political cycles in physician employment: A case of Japanese local public hospitals," Social Science & Medicine, Elsevier, vol. 216(C), pages 97-106.
    78. Jindapon, Paan & Van Essen, Matt, 2019. "Political business cycles in a dynamic bipartisan voting model," Mathematical Social Sciences, Elsevier, vol. 102(C), pages 15-23.
    79. Konishi, Hideki, 2006. "Spending cuts or tax increases? The composition of fiscal adjustments as a signal," European Economic Review, Elsevier, vol. 50(6), pages 1441-1469, August.
    80. Ha, Eunyoung & Kang, Myung-koo, 2015. "Government Policy Responses to Financial Crises: Identifying Patterns and Policy Origins in Developing Countries," World Development, Elsevier, vol. 68(C), pages 264-281.
    81. Pham, Hien Thuc & Carmignani, Fabrizio & Kler, Parvinder, 2018. "Thrift culture and the size of government," Economic Modelling, Elsevier, vol. 70(C), pages 571-578.
    82. Carlos Eduardo Soares Gonçalves & Fernando Roberto Fenolio, 2007. "Ciclos Eleitorais E Política Monetária: Evidências Para O Brasil," Anais do XXXV Encontro Nacional de Economia [Proceedings of the 35th Brazilian Economics Meeting] 107, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    83. Bugarin, Mauricio Soares & Carvalho, Fábia Aparecida de, 2020. "Elections, Heterogeneity of Central Bankers and Inflationary Pressure: The case for staggered terms for the president and the central banker," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 74(4), December.
    84. Pailler, Sharon, 2018. "Re-election incentives and deforestation cycles in the Brazilian Amazon," Journal of Environmental Economics and Management, Elsevier, vol. 88(C), pages 345-365.
    85. Bharatee Dash & Angara Raja, 2014. "Do political determinants affect revenue collection? Evidence from the Indian states," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 61(3), pages 253-278, September.
    86. Israel Garcia & Bernd Hayo, 2020. "Political Budget Cycles Revisited: Testing the Signalling Process," MAGKS Papers on Economics 202014, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    87. Israel Garcia & Bernd Hayo, 2022. "The Influence of Politicians’ Sex on Political Budget Cycles: An Empirical Analysis of Spanish Municipalities," MAGKS Papers on Economics 202223, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    88. Pi-Han Tsai, 2016. "Fiscal incentives and political budget cycles in China," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 23(6), pages 1030-1073, December.
    89. Coulombe, Raphaelle G., 2021. "The electoral origin of government spending shocks," Journal of Economic Dynamics and Control, Elsevier, vol. 129(C).
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    91. Isadora Sánchez-Torné & Macarena Pérez-Suárez & Juan Carlos Morán-Álvarez, 2020. "Una comparativa de la innovación de Espana y Rusia: ¿políticas bilaterales para la innovación?," Revista Finanzas y Politica Economica, Universidad Católica de Colombia, vol. 12(1), pages 201-233, June.
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    94. Al-Ississ, Mohamad & Atallah, Samer, 2015. "Patronage and ideology in electoral behavior: Evidence from Egypt's first presidential elections," European Journal of Political Economy, Elsevier, vol. 37(C), pages 241-248.
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    97. J. Stephen Ferris & Marcel‐Cristian Voia, 2011. "Does the expectation or realization of a federal election precipitate Canadian output growth?," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 44(1), pages 107-132, February.
    98. Krzysztof Beck & Michał Możdżeń, 2020. "Institutional Determinants of Budgetary Expenditures. A BMA-Based Re-Evaluation of Contemporary Theories for OECD Countries," Sustainability, MDPI, vol. 12(10), pages 1-31, May.
    99. Ishac Diwan & Tarik Akin, 2015. "Fifty Years of Fiscal Policy in the Arab Region," Working Papers 914, Economic Research Forum, revised May 2015.
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    101. Arslan Razmi, 2022. "The real consequences of policy‐driven exchange rate cycles: A stylized comparison of East Asia and Latin America," Manchester School, University of Manchester, vol. 90(2), pages 190-212, March.
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  3. Allan Drazen, 2000. "Political Contagion in Currency Crises," NBER Chapters, in: Currency Crises, pages 47-67, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
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