Price Controls and Electoral Cycles

Price Controls and Electoral Cycles
This paper studies the interactions between electoral considerations and the imposition of price controls by opportunistic policymakers. The analysis shows that a policy cycle emerges in which price controls are imposed in periods leading to the election, and removed immediately afterwards. The shape of the cycle is shown to depend on the... READ MORE...

Publication date: November 1993
ISBN 9781451851229
$15.00

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