Three Essays on the Time-series Analysis of Politics, Capital Flows and Macroeconomic Policymaking

Three Essays on the Time-series Analysis of Politics, Capital Flows and Macroeconomic Policymaking
Author: Yasin Akcelik
Publisher:
Total Pages: 127
Release: 2011
Genre:
ISBN:


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Abstract: I investigate the inseparable ties between voters, political agents, economic policies and economic growth. To be specific, the relation between voters (principal) and politicians (agent) through campaign pledges, and political party characteristics and economic growth through government policies and foreign capital flows are the focus of this research. Party manifestos and policy outcomes are the main tools in analyzing commitment issues the electorate face in a world with imperfect information, understanding the reelection chances of politicians through retrospective voting, linking party identification with capital inflows, and addressing economic progress through policy choices.