|Mause I 227
Politics/Nordhaus: Nordhaus Thesis: Fluctuations in the sense of political economic cycles are deliberately accepted in order to create a positive macroeconomic environment - especially on the labour markets - in the run-up to upcoming elections, which significantly increases the chances of political leaders being re-elected. (1) (2)
See Economic Policy/Keynesianism, Economy/Neoclassical Theory, Economic Cycle/Kalecki. (NordhausVsKeynesians, NordhausVsKalecki, KaleckiVsNordhaus, KeynsianismVsNordhaus.)
1. William D. Nordhaus, The political business cycle. Review of Economic Studies 42, (2), 1975, S. 169– 190.
2. W. D. Nordhaus, Alternative approaches to the political business cycle. Brookings Papers on Economic Activity 2, 1989, S. 1– 68._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. The note [Author1]Vs[Author2] or [Author]Vs[term] is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.
William D. Nordhaus
The political business cycle 1975
Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018