Journal article
Economic Dynamics and Government Stability in Postwar Italy
The review of economics and statistics, v 80(4), pp 629-637
01 Nov 1998
Featured in Collection : UN Sustainable Development Goals @ Drexel
Abstract
In this paper I estimate a duration model of the Italian government. The main finding of the paper is that the downfall probability of an Italian government depends on both political and economic factors. In particular, the higher the inflation rate and the higher the number of workhours lost in strikes both at the time a government forms and during its tenure in office, the more likely it is for a government to collapse. This result has important consequences for the validity of political theories of the business cycle.
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Details
- Title
- Economic Dynamics and Government Stability in Postwar Italy
- Creators
- Antonio Merlo - New York University
- Publication Details
- The review of economics and statistics, v 80(4), pp 629-637
- Publisher
- MIT Press
- Number of pages
- 9
- Resource Type
- Journal article
- Language
- English
- Web of Science ID
- WOS:000077489000013
- Scopus ID
- 2-s2.0-0032283450
- Other Identifier
- 991022026961104721
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InCites Highlights
Data related to this publication, from InCites Benchmarking & Analytics tool:
- Web of Science research areas
- Economics
- Social Sciences, Mathematical Methods