Political Budget Cycles: A Review of Recent Developments

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Fiscal policy and reelection in Brazilian municipalities (2008, methodology): “Shi and Svensson (2003) , for example, find evidence of fiscal deterioration in pre-election periods, while Persson and Tabellini (2003) observe evidence of a reduced tax burden before elections.”
Democracy, Elections and Allocation of Public Expenditure in Developing Countries (2009, background): “Such a move is partly didacted by the lack of empirical evidence (Drazen, 2001), but also by the lack of direct governement control over real economic variables (Shi and Svensson, 2003).”
Political budget cycles in the European Union and the impact of political pressures (2011, background): “5See Alesina et al. (1997), Drazen (2000), Franzese (2002) and Shi and Svensson (2004) for extensive reviews of the empirical literature.”
Political business cycles 40 years after Nordhaus (2016, background): “6 See de Haan (2013), de Haan and Klomp (2013), Drazen (2000, chapter 7; Drazen 2001), Franzese (2000, 2002), Franzese and Long-Jusko (2006), Olters (2001) and Shi and Svensson (2003) for the most recent references.”