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broached the topic in 1991 with an article called Partisan Effects in Economies with Variable Electoral Terms. He contends that in parliamentary governments--which call elections at their leisure--conservative parties are more likely to experience recessions near the end of their terms, while liberal administrations would be likely to experience periods of increasing growth. In a later article, Thoma expands on already existing academic literature which suggests surprise regime changes occur on a regular schedule, forming the basis of a political

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