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MAZUMDER, SANDEEP (2) answer(s).
 
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ID:   131764


Inflation in China: old versus new Phillips Curves / Mazumder, Sandeep   Journal Article
Mazumder, Sandeep Journal Article
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Publication 2014.
Summary/Abstract Among the few papers that have examined the determinants of inflation dynamics in mainland China, the majority of those that have investigated this matter argue that the traditional Phillips curve does not fit China's data. Some authors, however, conclude that the New Keynesian Phillips Curve does a better job of describing Chinese inflation behaviour in recent decades. This paper conducts an analysis of China's inflation behaviour from the late 1980s onwards by estimating both traditional and new Phillips curves using improved econometric techniques. We find that the New Keynesian Phillips Curve performs poorly in explaining China's inflation behaviour, whereas the traditional 'old' Phillips curve does significantly better.
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2
ID:   132323


War and the reelection motive: examining the effect of term limits / Zeigler, Sean; Pierskalla, Jan H; Mazumder, Sandeep   Journal Article
Pierskalla, Jan H Journal Article
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Publication 2014.
Summary/Abstract This article investigates the relationship between term limits and international conflict. Theories of political survival and diversionary war both imply term limits should play a role in international relations, whereas "permanent referendum theory," largely motivated by work in American politics, suggests otherwise. Drawing on these theories, we formulate and test competing hypotheses regarding term limits and international crises. Using dyadic militarized interstate disputes data and information on forty-eight democracies with term limits, we uncover strong evidence to support the claim that leaders reaching final terms in office are more likely to initiate conflict than those still subject to reelection. Moreover, we find that the likelihood of conflict initiation is significantly higher during times of recession, but only in the absence of binding term limits. While binding electoral terms and economic downturns are both independently associated with increased levels of conflict initiation, in concert their conditional effects actually counteract each other.
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