Allan Drazen

University of Maryland - Department of Economics

College Park, MD 20742-1815

United States

Centre for Economic Policy Research (CEPR)

Fellow

77 Bastwick Street

London, EC1V 3PZ

United Kingdom

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

39

DOWNLOADS
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1,536

CITATIONS
Rank 629

SSRN RANKINGS

Top 629

in Total Papers Citations

789

Scholarly Papers (39)

Political Budget Cycles in New Versus Established Democracies

Journal of Monetary Economics, Vol. 52, No. 5, pp. 1271-1295, 2005
Number of pages: 25 Posted: 21 Jul 2006
Adi Brender and Allan Drazen
Bank of Israel - Research Department and University of Maryland - Department of Economics
Downloads 217 (114,021)
Citation 71

Abstract:

political budget cycle, new democracy, fiscal manipulation

Political Budget Cycles in New Versus Established Democracies

NBER Working Paper No. w10539
Number of pages: 46 Posted: 17 Jun 2004
Adi Brender and Allan Drazen
Bank of Israel - Research Department and University of Maryland - Department of Economics
Downloads 40 (360,325)
Citation 71

Abstract:

Credibility of Policies Versus Credibility of Policymakers

IMF Working Paper No. 94/49
Number of pages: 28 Posted: 15 Feb 2006
Allan Drazen and Paul R. Masson
University of Maryland - Department of Economics and International Monetary Fund (IMF) - Research Department
Downloads 97 (224,556)
Citation 73

Abstract:

Credibility of Policies Versus Credibility of Policymakers

NBER Working Paper No. w4448
Number of pages: 34 Posted: 26 Apr 2001
Allan Drazen and Paul R. Masson
University of Maryland - Department of Economics and International Monetary Fund (IMF) - Research Department
Downloads 33 (387,069)
Citation 73

Abstract:

3.

Conditionality and Ownership in IMF Lending: A Political Economy Approach

CEPR Discussion Paper No. 3562
Number of pages: 44 Posted: 30 Oct 2002
Allan Drazen
University of Maryland - Department of Economics
Downloads 99 (220,110)
Citation 41

Abstract:

IMF, foreign aid, conditionality, ownership

Political Implications of Fiscal Performance in OECD Countries

Fiscal Indicators, Banca D'Italia, pp. 957-982
Number of pages: 26 Posted: 15 Aug 2009
Adi Brender and Allan Drazen
Bank of Israel - Research Department and University of Maryland - Department of Economics
Downloads 52 (321,520)
Citation 1

Abstract:

Political budget cycle, polical business cycle, fiscal manipulation

Political Implications of Fiscal Performance in OECD Countries

Number of pages: 26 Posted: 15 Feb 2012
Adi Brender and Allan Drazen
Bank of Israel - Research Department and University of Maryland - Department of Economics
Downloads 38 (367,536)
Citation 1

Abstract:

political budget cycle, fiscal manipulation

5.

Why are Stabilizations Delayed?

NBER Working Paper No. w3053
Number of pages: 33 Posted: 25 Oct 2000
Alberto F. Alesina and Allan Drazen
Harvard University - Department of Economics and University of Maryland - Department of Economics
Downloads 89 (220,110)
Citation 222

Abstract:

6.
Downloads 72 (268,308)
Citation 1

A Structural Model of Electoral Accountability

Number of pages: 58 Posted: 24 Apr 2015 Last Revised: 22 Mar 2017
University of Maryland - Department of Economics, University of Maryland - Department of Economics and Inter-American Development Bank (IDB)
Downloads 68 (280,105)
Citation 1

Abstract:

discipline, selection, political agency, elections, structural estimation, maximum likelihood

A Structural Model of Electoral Accountability

NBER Working Paper No. w21151
Number of pages: 49 Posted: 11 May 2015
University of Maryland - Department of Economics, University of Maryland - Department of Economics and Inter-American Development Bank (IDB)
Downloads 4 (541,407)
Citation 1

Abstract:

A Structural Model of Electoral Accountability

CEPR Discussion Paper No. DP11331
Number of pages: 56 Posted: 20 Jun 2016
University of Maryland - Department of Economics, University of Maryland - Department of Economics and Inter-American Development Bank (IDB)
Downloads 0
Citation 1

Abstract:

discipline, elections, maximum likelihood, political agency, selection, structural estimation

7.

Pork Barrel Cycles

NBER Working Paper No. w12190
Number of pages: 36 Posted: 25 May 2006
Allan Drazen and Marcela Eslava
University of Maryland - Department of Economics and University of the Andes (CEDE)
Downloads 45 (311,082)
Citation 10

Abstract:

8.

How Do Budget Deficits and Economic Growth Affect Reelection Prospects? Evidence from a Large Cross-Section of Countries

NBER Working Paper No. w11862
Number of pages: 57 Posted: 24 Jan 2006
Adi Brender and Allan Drazen
Bank of Israel - Research Department and University of Maryland - Department of Economics
Downloads 42 (316,600)
Citation 31

Abstract:

9.

Electoral Manipulation Via Expenditure Composition: Theory and Evidence

NBER Working Paper No. w11085
Number of pages: 35 Posted: 23 Feb 2005
Allan Drazen and Marcela Eslava
University of Maryland - Department of Economics and University of the Andes (CEDE)
Downloads 40 (331,180)
Citation 16

Abstract:

10.

Trigger Points and Budget Cuts: Explaining the Effects of Fiscal Austerity

NBER Working Paper No. w3844
Number of pages: 27 Posted: 14 Aug 2007
Giuseppe Bertola and Allan Drazen
Centre for Economic Policy Research (CEPR) and University of Maryland - Department of Economics
Downloads 38 (340,279)
Citation 58

Abstract:

11.

Towards a Political-Economic Theory of Domestic Debt

NBER Working Paper No. w5890
Number of pages: 28 Posted: 11 Jun 2000
Allan Drazen
University of Maryland - Department of Economics
Downloads 38 (359,928)
Citation 12

Abstract:

12.

Political Contribution Caps and Lobby Formation: Theory and Evidence

NBER Working Paper No. w10928
Number of pages: 45 Posted: 14 Dec 2004
Allan Drazen, Nuno Limão and Thomas Stratmann
University of Maryland - Department of Economics, University of Maryland - Department of Economics and George Mason University - Buchanan Center Political Economy
Downloads 33 (353,205)
Citation 6

Abstract:

13.

Political Contagion in Currency Crises

NBER Working Paper No. w7211
Number of pages: 33 Posted: 30 Apr 2000
Allan Drazen
University of Maryland - Department of Economics
Downloads 32 (363,464)
Citation 33

Abstract:

14.

Why is Economic Policy Different in New Democracies? Affecting Attitudes About Democracy

NBER Working Paper No. w13457
Number of pages: 36 Posted: 05 Oct 2007
Adi Brender and Allan Drazen
Bank of Israel - Research Department and University of Maryland - Department of Economics
Downloads 31 (359,928)
Citation 2

Abstract:

15.

The Benefits of Crises for Economic Reforms

NBER Working Paper No. w3527
Number of pages: 28 Posted: 05 Jul 2004
Allan Drazen and Vittorio Grilli
University of Maryland - Department of Economics and Independent
Downloads 31 (343,445)
Citation 48

Abstract:

16.

Capital Account Liberalization as a Signal

NBER Working Paper No. w5725
Number of pages: 39 Posted: 16 May 2000
Leonardo Bartolini and Allan Drazen
Deceased and University of Maryland - Department of Economics
Downloads 31 (363,464)
Citation 28

Abstract:

17.

Can Public Discussion Enhance Program Ownership?

NBER Working Paper No. w10927
Number of pages: 30 Posted: 13 Dec 2004
Allan Drazen and Peter Isard
University of Maryland - Department of Economics and International Monetary Fund (IMF) - Research Department
Downloads 30 (370,568)
Citation 11

Abstract:

18.

A Simple Test of the Effect of Interest Rate Defense

NBER Working Paper No. w12616
Number of pages: 34 Posted: 27 Oct 2006
Allan Drazen and Stefan Hubrich
University of Maryland - Department of Economics and T.Rowe Price
Downloads 29 (381,974)
Citation 3

Abstract:

19.

Policy Signaling in the Open Economy: A Re-Examination

NBER Working Paper No. w5892
Number of pages: 32 Posted: 19 Jul 2000
Allan Drazen
University of Maryland - Department of Economics
Downloads 24 (417,763)
Citation 2

Abstract:

20.

News About News: Information Arrival and Irreversible Investment

NBER Working Paper No. t0244
Number of pages: 29 Posted: 03 Mar 2000
Allan Drazen and Plutarchos Sakellaris
University of Maryland - Department of Economics and University of Maryland - Department of Economics
Downloads 24 (398,843)
Citation 2

Abstract:

21.

Inflationary Consequences of Anticipated Macroeconomic Policies

NBER Working Paper No. w2006
Number of pages: 66 Posted: 28 May 2004
Allan Drazen and Elhanan Helpman
University of Maryland - Department of Economics and Harvard University - Department of Economics
Downloads 22 (408,105)
Citation 23

Abstract:

22.

Government Gains from Self-Restraint: A Bargaining Theory of Inefficient Redistribution

NBER Working Paper No. w10375
Number of pages: 48 Posted: 30 Mar 2004
Allan Drazen and Nuno Limão
University of Maryland - Department of Economics and University of Maryland - Department of Economics
Downloads 20 (422,757)
Citation 5

Abstract:

23.

Government Gains from Self-Restraint: A Bargaining Theory of Inefficient Redistribution Policies

CEPR Discussion Paper No. 4007
Number of pages: 38 Posted: 24 Sep 2003
Allan Drazen and Nuno Limão
University of Maryland - Department of Economics and University of Maryland - Department of Economics
Downloads 20 (438,219)
Citation 3

Abstract:

Inefficient transfers, lobbies, special interests, bargaining, caps

24.

Uncertain Duration of Reform: Dynamic Implications

NBER Working Paper No. w5925
Number of pages: 24 Posted: 09 May 2000
Guillermo A. Calvo and Allan Drazen
Columbia University - School of International & Public Affairs (SIPA) and University of Maryland - Department of Economics
Downloads 20 (408,105)
Citation 21

Abstract:

When Liberal Policies Reflect External Shocks, What Do We Learn?

NBER Working Paper No. w5727
Number of pages: 38 Posted: 10 Jun 2000
Leonardo Bartolini and Allan Drazen
Deceased and University of Maryland - Department of Economics
Downloads 19 (459,077)
Citation 9

Abstract:

When Liberal Policies Reflect External Shocks, What Do We Learn?

Federal Reserve Bank of New York Staff Reports No. 18
Posted: 17 Apr 1998
Leonardo Bartolini and Allan Drazen
Deceased and University of Maryland - Department of Economics

Abstract:

26.

Stabilization with Exchange Rate Management Under Uncertainty

NBER Working Paper No. w2268
Number of pages: 30 Posted: 24 Jul 2007
Allan Drazen and Elhanan Helpman
University of Maryland - Department of Economics and Harvard University - Department of Economics
Downloads 16 (438,219)
Citation 34

Abstract:

27.

Where Does the Political Budget Cycle Really Come From?

CEPR Discussion Paper No. 4049
Number of pages: 45 Posted: 29 Oct 2003
Adi Brender and Allan Drazen
Bank of Israel - Research Department and University of Maryland - Department of Economics
Downloads 16 (458,766)
Citation 4

Abstract:

Political budget cycle, new democracy, fiscal manipulation

28.

Kosher Pork

NBER Working Paper No. w16667
Number of pages: 44 Posted: 10 Jan 2011
Allan Drazen and Ethan Ilzetzki
University of Maryland - Department of Economics and London School of Economics & Political Science (LSE) - Department of Economics
Downloads 15 (443,441)
Citation 1

Abstract:

29.

Mixed Signals in Defending the Exchange Rate: What do the Data Say?

CEPR Discussion Paper No. 4050
Number of pages: 37 Posted: 31 Oct 2003
Allan Drazen and Stefan Hubrich
University of Maryland - Department of Economics and T.Rowe Price
Downloads 15 (463,942)
Citation 2

Abstract:

Currency crises, interest rate defense, speculative attacks, signalling

30.

Quantity and Elasticity Spillovers Onto the Labor Market: Theory and Evidence on Sluggishness

NBER Working Paper No. w0676
Number of pages: 31 Posted: 18 Aug 2004
Allan Drazen, Daniel S. Hamermesh and Norman Obst
University of Maryland - Department of Economics, University of Texas at Austin - Department of Economics and Michigan State University
Downloads 14 (448,519)

Abstract:

31.

Inflation and Wage Dispersion

NBER Working Paper No. w1811
Number of pages: 19 Posted: 28 May 2004
Allan Drazen and Daniel S. Hamermesh
University of Maryland - Department of Economics and University of Texas at Austin - Department of Economics
Downloads 11 (448,519)
Citation 2

Abstract:

32.

Do Leaders Affect Government Spending Priorities?

NBER Working Paper No. w15368
Number of pages: 55 Posted: 21 Sep 2009
Adi Brender and Allan Drazen
Bank of Israel - Research Department and University of Maryland - Department of Economics
Downloads 9 (453,673)
Citation 2

Abstract:

Electoral Fiscal Policy in New, Old, and Fragile Democracies

Comparative Economic Studies, Vol. 49, Issue 3, pp. 446-466, 2007
Number of pages: 21 Posted: 27 Sep 2010
Adi Brender and Allan Drazen
Bank of Israel - Research Department and University of Maryland - Department of Economics
Downloads 2 (554,189)
Citation 1

Abstract:

Electoral Fiscal Policy in New, Old, and Fragile Democracies

Comparative Economic Studies, Vol. 49, No. 3, 2007
Posted: 28 Apr 2009
Adi Brender and Allan Drazen
Bank of Israel - Research Department and University of Maryland - Department of Economics

Abstract:

political business cycle, election-year deficit spending, new democracies, electoral fiscal policy

34.

A Bargaining Theory of Inefficient Redistribution Policies

International Economic Review, Vol. 49, Issue 2, pp. 621-657, May 2008
Number of pages: 37 Posted: 08 May 2008
Allan Drazen and Nuno Limão
University of Maryland - Department of Economics and University of Maryland - Department of Economics
Downloads 1 (536,249)
Citation 11

Abstract:

35.

Does 'Being Chosen' to Lead Induce Non-Selfish Behavior? Experimental Evidence on Reciprocity

CEPR Discussion Paper No. DP11338
Number of pages: 38 Posted: 20 Jun 2016
Allan Drazen and Erkut Ozbay
University of Maryland - Department of Economics and University of Maryland
Downloads 0 (548,619)

Abstract:

Citizen-Candidate, Dictator Game, leaders, Reciprocity

36.

Consolidation of New Democracy, Mass Attitudes and Clientelism

American Economic Review, Vol. 99, No. 2, pp. 304-9, 2009
Posted: 17 Aug 2009
Adi Brender and Allan Drazen
Bank of Israel - Research Department and University of Maryland - Department of Economics

Abstract:

clientelism, new democracy, Democratic consolidation, elites, masses

37.

How Do Budget Deficits and Economic Growth Affect Reelection Prospects? Evidence from a Large Panel of Countries

American Economic Review, Vol. 98, No. 5, pp. 2003-2220, 2008
Posted: 13 Aug 2009
Adi Brender and Allan Drazen
Bank of Israel - Research Department and University of Maryland - Department of Economics

Abstract:

political budget cycle, political business cycle, fiscal manipulation

38.

Do Crises Induce Reform? Simple Empirical Tests of Conventional Wisdom

Economics and Politics, Vol. 13, No. 2, pp. 129-158, July 2001
Posted: 24 Jan 2006
William Easterly and Allan Drazen
New York University - Department of Economics and University of Maryland - Department of Economics

Abstract:

39.

Central Bank Independence, Democracy, and Dollarization

Journal of Applied Economics, Vol. V, No. 1, pp. 1-17, May 2002
Posted: 08 Jul 2004
Allan Drazen
University of Maryland - Department of Economics

Abstract:

Central bank independence, constitutional democracy, democratic control