The Political Business Cycle: A Complementary Study

1978 ◽  
Vol 45 (2) ◽  
pp. 369 ◽  
Author(s):  
Ulrich Lachler
Keyword(s):  
Business Cycle ◽  
Political Business Cycle ◽  
The Political ◽  
Complementary Study

Testing the satisficing version of the political business cycle 1905–1984

Public Choice ◽  
1992 ◽  
Vol 73 (1) ◽  
pp. 21-35 ◽  
Author(s):  
Lawrence S. Davidson ◽  
Michele Fratianni ◽  
Jürgen Von Hagen
Keyword(s):  
Business Cycle ◽  
Political Business Cycle ◽  
The Political

scholarly journals It Takes Two to Tango: Lobbies and the Political Business Cycle

Kyklos ◽  
2010 ◽  
Vol 63 (3) ◽  
pp. 383-399 ◽  
Author(s):  
Daniel Horgos ◽  
Klaus W. Zimmermann
Keyword(s):  
Business Cycle ◽  
Political Business Cycle ◽  
The Political

scholarly journals The Presidential Political Business Cycle of 1972

1984 ◽  
Vol 44 (2) ◽  
pp. 265-271 ◽  
Author(s):  
Robert R. Keller ◽  
Ann Mari May
Keyword(s):  
Time Series ◽  
Business Cycle ◽  
Time Series Data ◽  
Political Business Cycle ◽  
Series Data ◽  
The Political ◽  
Operating Environment ◽  
Macroeconomic Conditions ◽  
Price Controls ◽  
Time Period

Previous studies of the political business cycle have examined time series data to determine whether a pattern of pre-election boom and post-election slump exists. The studies do not investigate the behavior and mechanisms by which a politician may effectuate a political business cycle. We focus on one time period, 1969 to 1972, and conclude that President Nixon's personality and operating environment explain why he manipulated the economy for political gain. The mechanisms he utilized to improve macroeconomic conditions before the 1972 election include monetary policy, fiscal policy, and wage-price controls.

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