All Rights Reserved
AccessEcon LLC 2006, 2008.
Powered by MinhViet JSC

Raphaël Soubeyran
''When Inertia Generates Political Cycles''
( 2006, Vol. 4 No.31 )
In this note, we propose a simple infinite horizon of elections with two candidates. We suppose that the government policy presents some degree of inertia, i.e. a new government cannot completely change the policy implemented by the incumbent. When the policy inertia is strong enough, no party can win the elections a consecutive infinite number of times.
Keywords: Policy inertia
JEL: D7 - Analysis of Collective Decision-Making: General
H7 - State and Local Government; Intergovernmental Relations: General
Manuscript Received : Oct 01 2006 Manuscript Accepted : Oct 02 2006

  This abstract has been downloaded 1864 times                The Full PDF of this paper has been downloaded 153558 times