Presidential Approval in Peru: An Empirical Analysis Using a Fractionally Cointegrated VAR
Presidential approval in Peru depends on economic outcomes. However, voters are unable to dis-tinguish between outcomes resulting from economic policies and those caused by exogenous shocks. Estimation results from seven Fractional Cointegrated VAR (FCVAR) models suggest that presiden-tial approval increases with the monetary…
Etiquetas: Economic Voting | Fractional Cointegration | Latin-America | Macroeconomics | Perú | Political Economy
