Vote Buying or (Political) Business (Cycles) as Usual?
2020 ◽
Vol 102
(3)
◽
pp. 409-425
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Keyword(s):
We report robust evidence of a new short-run monetary election cycle: the monthly growth rate of the money supply (M1) around elections is higher than in other months in a sample of low- and middle-income countries. We hypothesize this is related to systemic vote buying. Consistent with this, we find no cycle in authoritarian countries and countries with strong political institutions and a pronounced cycle in elections where international election monitors reported vote buying or in close elections. Using survey data on daily consumer expenditures, we show that within-household consumption of food increases in the days before elections.
2018 ◽
Vol 49
(3)
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pp. 857-881
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Keyword(s):
2020 ◽
Vol 36
(Supplement_1)
◽
pp. S359-S381
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2018 ◽
Vol 17
(02)
◽
pp. 417-432
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2020 ◽
Vol 691
(1)
◽
pp. 223-242
2020 ◽
Vol 87
(4)
◽
pp. 331-345