Political models of macroeconomic policy and fiscal reform (English)

The author explains how recent developments in political economics improve our understanding of macroeconomic policy - especially the timing, design, and likelihood of stabilization's success through monetary and fiscal reform. The author reviews the literature on political business cycles and emphasizes several issues involving the relationship between the timing of elections and the timing of macroeconomic policies and outcomes. He also addresses...

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Author

Alesina,Alberto;
Document Date
1992/09/30
Document Type
Policy Research Working Paper
Report Number
WPS970
Volume No
1
Total Volume(s)
1
Disclosure Date
2010/07/01
Doc Name
Political models of macroeconomic policy and fiscal reform
Keywords
political economy of structural adjustment

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Citation

Alesina,Alberto.

Political models of macroeconomic policy and fiscal reform (English). Policy, Research working papers ; no. WPS 970. Transition and macro-adjustment Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/698281468766804093

Political models of macroeconomic policy and fiscal reform (English)

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