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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP6728 |
DP6728 Estimating Agglomeration Economies with History, Geology, and Worker Effects | |
Gilles Gilles Duranton; Pierre-Philippe Combes; Laurent Gobillon; Sébastien Roux | |
发表日期 | 2008-02-29 |
出版年 | 2008 |
语种 | 英语 |
摘要 | We investigate the behavior of consumer confidence around national elections in the EU-15 countries during 1985:1-2007:3. Consumer confidence increases before the date of elections and falls subsequently by almost the same amount. It is able to predict the strength of the performance of the incumbent party and its probability of re-election both alone and in the presence of macro- economic and fiscal variables. The post-election drop is negatively related to the previous run up and is a function of the political - but not the economic - environment. A similar rise and fall characterizes consumer confidence in the United States. |
主题 | International Macroeconomics ; Public Economics |
关键词 | Consumer confidence National elections Incumbent party Macro-economy Fiscal conditions Political business cycle Eu-15 Usa |
URL | https://cepr.org/publications/dp6728 |
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/535565 |
推荐引用方式 GB/T 7714 | Gilles Gilles Duranton,Pierre-Philippe Combes,Laurent Gobillon,et al. DP6728 Estimating Agglomeration Economies with History, Geology, and Worker Effects. 2008. |
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