Is there a political business cycle in Sweden
Albin Svensson
Abstract
Albin Svensson
Abstract
This paper investigates if there was an opportunistic politcal cycle in transfers and taxes in Sweden during the period 1982-2019. A regressional model with conditional effects is employed to condition the cycle on performance in an opinion poll and to account for partisan differences. Significant results are found in both transfers and taxes but for taxes, the results come into question due to limitations of the model.
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This paper investigates if there was an opportunistic politcal cycle in transfers and taxes in Sweden during the period 1982-2019. A regressional model with conditional effects is employed to condition the cycle on performance in an opinion poll and to account for partisan differences. Significant results are found in both transfers and taxes but for taxes, the results come into question due to limitations of the model.
Key concepts: Business cycle, Economics, Econometrics, Politics, Demographic economics, Macroeconomics, Political science, Law