Detecting Political Business Cycle through the Prime Minister’s Daily Schedule

• In Event: Electoral and Political Business Cycles

Brief Overview

By analyzing a text data that records Japanese prime ministers’ daily schedule for 46 years, this paper examines whether the prime minister manipulate the economy before an election or call an early election to surf on favorable economic conditions.

Authors

• Sota Kato, International University of Japan

• Takafumi Nakanishi, Musashino University

• Hirokazu Shimauchi, Tokyo Foundation for Policy Research