The Political Economics Side of the J-Curve

Arbeitspapier

About twenty years ago, an article by van der Ploeg analysed the implications of the J-curve effect for the political business cycle in a small open economy [van der Ploeg (1989c)]. It was them shown that a sudden jump on the exchange rates in the election day should be observed if the government, in order to maximise its popularity, explores a J-curve effect. As a way of celebrating this work, that should have been more influential, i is presented in the paper a simulation study, which confirms the overvaluation result a la van der Ploeg.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Documento de Trabalho ; No. 2007/04

Classification and Topics

• Classification: Wirtschaft ; Price Level; Inflation; Deflation ; Business Fluctuations; Cycles ; Foreign Exchange
• Subject: Exchange Rates ; J-Curve ; Partisan Business Cycles ; Political Business Cycles

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Caleiro, António
• Event: Veröffentlichung
• (who): Universidade de Évora, Departamento de Economia
• (where): Évora
• (when): 2008

Further information

• Handle: http://hdl.handle.net/10419/142777
• Last update: 10.03.2025, 11:44 AM CET