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Montserrat Ferre and Carolina Manzano |
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''Macroeconomic effects of populist radical right parties in a rational partisan model'' |
( 2020, Vol. 40 No.4 ) |
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European countries have witnessed a surge of populist radical
right parties in the last decades, some of them entering government coalitions with right-wing parties in several democracies. In
this article we will study the impact of such coalitions on macroeconomic variables like inflation and output. To this end, we will
use a rational partisan theory model extended with fiscal policy
and an independent central bank to reflect the European context. |
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Keywords: populist radical right parties, coalition, output,
inflation |
JEL: E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General H5 - National Government Expenditures and Related Policies National Government Expenditures and Related Policies: General |
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Manuscript Received : Jul 15 2020 | | Manuscript Accepted : Dec 14 2020 |
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