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Partisan conflicts and parliamentary dominance: the Norwegian political business cycle

Helland, Leif
Journal article, Peer reviewed
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URI
http://hdl.handle.net/11250/93718
Date
2011
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  • Scientific articles [1334]
Original version
http://dx.doi.org/10.1007/s11127-010-9608-7
Abstract
The arcticle explores the political business cycle in Norway from the early 1980s onwards. It is shown that unemployment growth is related to uncertainty about likely parliamentary majorities, and to the level of political conflict between such majorities. Data indicate

that voter expectations are formed on the basis of likely majority winners in votes, not in seats. Unemployment growth is unrelated to

sudden and unpredictable changes in the composition of government. This suggests that the instruments in uencing unemployment growth are within the domain of the legislative, not the executive, power.
Description
This is the author’s final, accepted and refereed manuscript to the article. The final publication is available at www.springerlink.com
Publisher
Springer
Journal
Public Choice

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