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Keynesiaanse theorie --- Keynesian economics --- Keynésienne [Théorie ] --- Macro-economie --- Macroeconomics --- Macroéconomie --- Théorie keynésienne --- AA / International- internationaal --- 330.47 --- Keynes en zijn school. --- Prices --- Government policy --- Keynesian economics. --- Prices - Government policy. --- Macroeconomics. --- Government price policy --- Wage-price policy --- Economics --- Post-Keynesian economics --- Schools of economics --- Keynes en zijn school

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This paper develops a model of political regulation in which politicians set the regulated price in order to maximize electoral support by signaling to voters a pro-consumer behavior. Political incentives and welfare constraints interact in the model, yielding an equilibrium in which the real price in a regulated industry may fall in periods immediately preceding an election. The paper also provides empirical support for the theoretical model. Using quarterly data from 32 industrial and developing countries over 1978-2004, we find strong statistical and econometric evidence pointing toward the existence of electoral price cycles in gasoline markets.

Electronic books. -- local. --- Price regulation. --- Prices -- Government policy. --- Business & Economics --- Economic Theory --- Prices --- Government policy. --- Government price control --- Government price regulation --- Price control --- Price regulation --- Price stabilization, Governmental --- Pricing --- Regulation of prices --- Government price policy --- Law and legislation --- Trade regulation --- Anti-inflationary policies --- Wage-price policy --- Investments: Energy --- Inflation --- Macroeconomics --- Energy: Demand and Supply --- Prices, Business Fluctuations, and Cycles: General (includes Measurement and Data) --- Price Level --- Deflation --- Energy: General --- Economic growth --- Investment & securities --- Fuel prices --- Oil prices --- Business cycles --- Gasoline --- Gas industry --- United States

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This paper analyzes global commodity trends and concludes that the marked decline in real commodity prices of the past decade should be regarded as largely permanent and irreversible. The authors contend that the analysis of commodity prices should be extended to include the role of the breakdown of major international commodity agreements. In addition, the authors analyze how developments in the former Soviet Union have affected commodity supply conditions.

National wealth --- Prices --- Government policy --- 338.53 --- -339.56 --- 330.123.72 --- 338.57 --- $?$94/12 --- prix --- politique des prix --- theories des prix --- AA* / International - Internationaal --- 338.013 --- 380.20 --- 338.52 --- 330.05 --- Commercial products --- Commodity prices --- Justum pretium --- Price theory --- Consumption (Economics) --- Cost --- Costs, Industrial --- Money --- Cost and standard of living --- Supply and demand --- Value --- Wages --- Willingness to pay --- Overheidsinvloed op prijsvorming. Prijzenpolitiek van de overheid --- prijzen --- prijsbeleid --- prijstheorieen --- Belang, verdeling en beleid van de natuurlijke rijkdommen. Grondstoffen. --- Prijstheorieën: algemeenheden. --- Working papers --- Prices. --- Government policy. --- 338.53 Overheidsinvloed op prijsvorming. Prijzenpolitiek van de overheid --- 339.56 --- Government price policy --- Wage-price policy --- Belang, verdeling en beleid van de natuurlijke rijkdommen. Grondstoffen --- Prijstheorieën: algemeenheden --- Prices - Government policy --- Investments: Commodities --- Investments: Energy --- Exports and Imports --- Finance: General --- Macroeconomics --- Commodity Markets --- Agriculture: General --- Trade: General --- Metals and Metal Products --- Cement --- Glass --- Ceramics --- Aggregate Factor Income Distribution --- General Financial Markets: General (includes Measurement and Data) --- Investment & securities --- International economics --- Finance --- Agricultural economics --- Commodity price fluctuations --- Commodities --- Commodity price shocks --- Agricultural commodities --- Export earnings --- International trade --- Exports --- Farm produce --- Metals --- Russian Federation