Political Business Cycles through Lobbying

In this paper we build a framework where the interplay between the lobby power of special interest groups and the voting power of the majority of the population leads to political business cycles. We apply our set up to explain electoral cycles in government expenditure composition as well as to cyc...

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Bibliographic details
Main Author: Terra, Cristina T
Bonomo, Marco Antonio
Format: Paper
Language: English
Place of publication: 2008
Related: THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise
Data of publication: 2008
Series: THEMA Working Papers
Online Access: available in Bonn?
Database: RePEc
RePEc IDEAS
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