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Nicolas Houy |
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''When inertia generates political cycles: a remark'' |
( 2007, Vol. 4 No.16 ) |
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We show how introducing a time discount factor can strengthen some results given in [Soubeyran R. (2006) "When Inertia Generates Political Cycles," Economics Bulletin, Vol. 4 no. 31 pp. 1-8.]. |
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Keywords: Inertia |
JEL: D7 - Analysis of Collective Decision-Making: General H7 - State and Local Government; Intergovernmental Relations: General |
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Manuscript Received : May 12 2007 | | Manuscript Accepted : May 13 2007 |
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