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Montserrat Ferre and Carolina Manzano
''Macroeconomic effects of populist radical right parties in a rational partisan model''
( 2020, Vol. 40 No.4 )
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.
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
Manuscript Received : Jul 15 2020 Manuscript Accepted : Dec 14 2020

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