Partisan Views on the Economy.

B-Tier
Journal: Public Choice
Year: 1994
Volume: 81
Issue: 1-2
Pages: 137-50

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In this paper it is argued that political parties may have incentives to adopt a partisan view on the working of the economic system. Our approach is based on a dynamical spatial voting model in which political parties are policy oriented. This model revolves around two interrelated issues x and y. The policy maker sets x directly. There exist two views on the relationship between x and y. Model uncertainty confronts policy makers with the problem of the selection of a model to base their actions on. We show that if voters have imperfect information about the working of the economic system that model selection contains a strategic element. Policy makers are inclined to adopt a view on the working of the economic system which fits in with their preferences. Copyright 1994 by Kluwer Academic Publishers

Technical Details

RePEc Handle
repec:kap:pubcho:v:81:y:1994:i:1-2:p:137-50
Journal Field
Public
Author Count
1
Added to Database
2026-01-29