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|Title:||Can Political Instability Generate Business Cycles? Evidence from the Intifada.|
|Publisher:||Dept. of Economics, University of Leicester|
|Abstract:||This paper presents an econometric model that combines macroeconomic time series data with historical series relating to political instability in Israel during the Intifada period, in order to provide a conservative estimate of the extent to which variations in economic performance over time have a political explanation. Political instability is found to have a substantial effect on the cyclical component of aggregate output.|
|Series/Report no.:||Papers in Economics|
|Appears in Collections:||Reports, Dept. of Economics|
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