Mink, Mark; Haan, Jakob de - In: European Union Politics 7 (2006) 2, pp. 191-211
and Growth Pact, fiscal policy-makers in the euro area have pursued expansionary policies before elections. In an elec …-generation PBC models, which are based on moral hazard. We also find a significant but small partisan effect on fiscal policy … ate model for 1999–2004 and various election indicators we find strong evidence that, since the start of the Stability …