Local political business cycles: Evidence from Philippine municipalities

This paper establishes the existence of short-term political business cycles in the Philippines over the period 2003–2009. Examining a balanced panel of 1143 municipalities shows that employment levels increase in the two pre-electoral quarters and drop sharply in the two quarters following election...

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Tác giả chính: Labonne, J
Định dạng: Journal article
Ngôn ngữ:English
Được phát hành: Elsevier 2016

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