Political business cycles in the European Union: PIIGS vs NON-PIIGS Countries
Metadatos
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Metadatos
Título
Political business cycles in the European Union: PIIGS vs NON-PIIGS CountriesAutoría
Tutor/Supervisor; Universidad.Departamento
Ripollés Piqueras, Jordi; Universitat Jaume I. Departament d'EconomiaFecha de publicación
2020-06-08Editor
Universitat Jaume IResumen
. The objective of this work is to determine if there is empirical evidence of
the existence of political business cycles in the European Union. For this, an econometric
study has been carried out using a panel of ... [+]
. The objective of this work is to determine if there is empirical evidence of
the existence of political business cycles in the European Union. For this, an econometric
study has been carried out using a panel of data on fiscal balances, macroeconomic
indicators and electoral dates for the countries that make up the EU-15 during the period
1995-2017. Our analysis, carried out using the fixed effects estimator and distinguishing
between non- PIIGS and PIIGS countries, supports the hypothesis of political business
cycles for the latter group of countries. The results show that for PIIGS countries the
fiscal deficit of the year prior to the elections is greater than in the other years, holding
constant some macroeconomic indicators. [-]
Palabras clave / Materias
Descripción
Treball Final de Grau en Economia. Codi: EC1049. Curs acadèmic: 2019-2020
Tipo de documento
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Aparece en las colecciones
- Grau en Economia [289]