Politics and economics are two dependent areas that lead to political business cycles. Countries with different development levels encounter political business cycles differently. The existence of political business cycles is mostly researched on the basis of fiscal variables. In this paper, we will be dealing with the existence of political business cycles with respect to monetary variables. Our research utilizes a simple but explanatory time series model. The empirical results show the existence of the opportunistic political business cycles in Turkish economy. Keywords: Political business cycles; Time series analysis; Turkish political economy
Alan : İlahiyat
Dergi Türü : Uluslararası
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