Rational Opportunistic Political Business Cycles

ISBN 10: 3640535782 / ISBN 13: 9783640535781
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Sinopsis: Scholarly Research Paper from the year 2006 in the subject Business economics - Economic Policy, grade: 2,0, Free University of Berlin, language: English, abstract: The current political decisions do not only affect the economy, additionally also future capital stocks and (infra-) structures are significantly influenced. Generally one should keep in mind that natural resources as well as price inflation for produced goods highly depend on the decision whether to consume now or save them for later. One of the most important influence factors for the economical life is the government policy. The trade-off between the focus on present and future welfare (between consuming and saving) is mainly based on political decisions. Thus it is important to address the role of the government and understand how elections and voters might influence the decision of the political parties during their incumbency. This paper describes the motivation of the politicians to influence the voters before the election takes place in order to win. Generally speaking, they use economical instruments (like the Phillips curve, aggregated demand, budgets, etc.) to increase their chance for the next election. However the usage of these instruments produces a downturn shortly after the election; the whole process is called a political business cycle.

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Fritsch, Tobias
Editorial: GRIN Verlag (2010)
ISBN 10: 3640535782 ISBN 13: 9783640535781
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Descripción GRIN Verlag, 2010. Estado de conservación: New. This item is printed on demand for shipment within 3 working days. Nº de ref. de la librería LP9783640535781

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Fritsch, Tobias
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Descripción GRIN Verlag, 2016. Paperback. Estado de conservación: New. PRINT ON DEMAND Book; New; Publication Year 2016; Not Signed; Fast Shipping from the UK. No. book. Nº de ref. de la librería ria9783640535781_lsuk

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Tobias Fritsch
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Descripción GRIN Verlag, Germany, 2013. Paperback. Estado de conservación: New. Auflage.. 210 x 148 mm. Language: English . Brand New Book ***** Print on Demand *****.Scholarly Research Paper from the year 2006 in the subject Business economics - Economic Policy, grade: 2,0, Free University of Berlin, language: English, abstract: The current political decisions do not only affect the economy, additionally also future capital stocks and (infra-) structures are significantly influenced. Generally one should keep in mind that natural resources as well as price inflation for produced goods highly depend on the decision whether to consume now or save them for later. One of the most important influence factors for the economical life is the government policy. The trade-off between the focus on present and future welfare (between consuming and saving) is mainly based on political decisions. Thus it is important to address the role of the government and understand how elections and voters might influence the decision of the political parties during their incumbency. This paper describes the motivation of the politicians to influence the voters before the election takes place in order to win. Generally speaking, they use economical instruments (like the Phillips curve, aggregated demand, budgets, etc.) to increase their chance for the next election. However the usage of these instruments produces a downturn shortly after the election; the whole process is called a political business cycle. Nº de ref. de la librería APC9783640535781

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Descripción GRIN Verlag. Paperback. Estado de conservación: New. Paperback. 60 pages. Dimensions: 8.3in. x 5.8in. x 0.1in.Scholarly Research Paper from the year 2006 in the subject Business economics - Economic Policy, grade: 2, 0, Free University of Berlin, language: English, abstract: The current political decisions do not only affect the economy, additionally also future capital stocks and (infra-) structures are significantly influenced. Generally one should keep in mind that natural resources as well as price inflation for produced goods highly depend on the decision whether to consume now or save them for later. One of the most important influence factors for the economical life is the government policy. The trade-off between the focus on present and future welfare (between consuming and saving) is mainly based on political decisions. Thus it is important to address the role of the government and understand how elections and voters might influence the decision of the political parties during their incumbency. This paper describes the motivation of the politicians to influence the voters before the election takes place in order to win. Generally speaking, they use economical instruments (like the Phillips curve, aggregated demand, budgets, etc. ) to increase their chance for the next election. However the usage of these instruments produces a downturn shortly after the election; the whole process is called a political business cycle. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Paperback. Nº de ref. de la librería 9783640535781

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