political business cycle การใช้

• However, Kalecki contested this view, arguing that the idea of political business cycle ( governments can force situations to their advantage ) seems to point in the opposite direction.
• In a later article, Thoma expands on already existing academic literature which suggests surprise regime changes occur on a regular schedule, forming the basis of a political business cycle.
• "I've looked at the political business cycle and I've concluded that it doesn't really exist, " said Michael Niemira, chief economist and director of research for the International Council of Shopping Centers.
• The political business cycle is an alternative theory stating that when an administration of any hue is elected, it initially adopts a contractionary policy to reduce inflation and gain a reputation for economic competence.
• He applies this logic to open economies in order to find that not only is there empirical support for the idea of a political business cycle, but there may yet be more implications for domestic indicators on a partisan basis.