出版社:The Institute of Economics and Ministry of Finance of the Republic of Croatia
摘要:The paper examines the political business cycles theory in the case of Croatia. The paper is structured in two parts: an overview of theoretical background and an empirical analysis of opportunistic political cycles in Croatia. The first part presents a detailed insight into different political business cycle models, while the second part tests econometrically whether fiscal policy cycles existed in Croatia in the period from 1995 to 2008, over which a total of four parliamentary elections were held.
关键词:political business cycles; fiscal policy; parliamentary elections; transition countries; Croatia