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• W1997069690 abstract "The political business cycle (PBC) literature has, generally, been characterized by a relatively narrow set of economic variables and by unidirectional causal analysis. I challenge both of these traditional constructions. First, I expand the search by examining a surprisingly understudied component of the political economy: the housing market. As a vital component of the American macroeconomy, housing is an uncharacteristically powerful tool for politicians and political analyses alike. Second, I use vector autoregression to more accurately model the dynamic and reciprocal nature of the economic and political interrelations found in PBCs. I find significant evidence of PBCs in the U.S. housing market from 1959 to 2005." @default.
• W1997069690 created "2016-06-24" @default.
• W1997069690 creator A5031510727 @default.
• W1997069690 date "2008-01-30" @default.
• W1997069690 modified "2023-10-18" @default.
• W1997069690 title "Housing Starts and the Political Business Cycle" @default.
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• W1997069690 doi "https://doi.org/10.1177/1532673x08319228" @default.
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