Browsing by Subject "Rotation principle"

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    • Reelection or term limits? the short and the long run view of economic policy 
      Streb, Jorge M. (Universidad de Chile. Facultad de Economía y Negocios, 1999-12)
      An incumbent’s drive for reelection can lead to political budget cycles. The distortion cycles cause in economic policy may be offset by the information they indirectly provide about the incumbent's competency. The ...