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Original scientific paper

Political Business Cycles: Do They Exist in Croatia?

Valentina Vučković


Full text: croatian pdf 455 Kb

page 61-89

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Full text: english pdf 120 Kb

page 61-89

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Abstract

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.

Keywords

political business cycles; fiscal policy; parliamentary elections; transition countries; Croatia

Hrčak ID:

64148

URI

https://hrcak.srce.hr/64148

Publication date:

15.2.2011.

Article data in other languages: croatian

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