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Political accountability for price stability and unemployment in a multi-party system with coalition governments

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Abstract

A model of party popularity for multi-party systems is presented and applied to the Netherlands. Main conclusions are: first, inflation and unemployment and their interaction affect the popularity of parties; second, it is important to take into account that voters may reckon with a trade-off between these variables; third, it is wrong to handle a coalition government as a homogeneous entity.

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Authors and Affiliations

  1. Department of Economics, Microeconomics Section, University of Amsterdam, Jodenbreestraat 23, 1011 NH, Amsterdam

    Paul Renaud & Frans Van Winden

Authors
  1. Paul Renaud
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  2. Frans Van Winden
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Additional information

The research reported in this paper is part of the project ‘Economic Policy and Conflicts of Interests’ of the University of Amsterdam (PEPCI-paper 85.14). Financial support from the Netherlands Organisation for the Advancement of Pure Research (ZWO) is gratefully acknowledged.

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Renaud, P., Van Winden, F. Political accountability for price stability and unemployment in a multi-party system with coalition governments. Public Choice 53, 181–186 (1987). https://doi.org/10.1007/BF00125849

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  • DOI: https://doi.org/10.1007/BF00125849

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