| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1270 |
| DP1270 Labour Specialization and City Formation | |
| Yves Zenou; Marcus Berliant | |
| 发表日期 | 1995-11-30 |
| 出版年 | 1995 |
| 语种 | 英语 |
| 摘要 | The paper lies at the intersection between the literature on macroeconomics and politics and the literature on coordination. It uses models of political business cycles in an open economy setting to investigate the costs and benefits of forming electoral areas, i.e. regions where countries share the same electoral calendar. Both opportunistic and partisan models are considered. The main finding of the paper is that the desirability of an electoral area between two countries is enhanced when the spillovers between these countries are large and positive, and when they face symmetric shocks (or are of comparable size). Hence, if a group of countries constitutes an optimum currency area it is also likely to be an optimum electoral area. |
| 主题 | International Macroeconomics |
| 关键词 | International policy coordination Political business cycles |
| URL | https://cepr.org/publications/dp1270 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530412 |
| 推荐引用方式 GB/T 7714 | Yves Zenou,Marcus Berliant. DP1270 Labour Specialization and City Formation. 1995. |
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