G2TT
来源类型Discussion paper
规范类型论文
来源IDDP6728
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
URLhttps://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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