Political economic chaos?

研究成果: Article

3 引用 (Scopus)

抜粋

This paper investigates the political business cycle when interest group pressure on fiscal policy is incorporated. Two cases are investigated; one in which only autonomous investment is included and- one in which a Kaldor-type induced investment function is incorporated. In both cases chaotic fluctuations can emerge even when the politically motivated fiscal "forcing term" is fairly small.

元の言語English
ページ(範囲)213-221
ページ数9
ジャーナルJournal of Economic Behavior and Organization
27
発行部数2
DOI
出版物ステータスPublished - 1995 7
外部発表Yes

ASJC Scopus subject areas

  • Economics and Econometrics
  • Organizational Behavior and Human Resource Management

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