Showing 1 - 10 of 1,510
Employing a sample of Spanish municipalities from the Madrid region for the period 2010-2019, we study the influence of a politician's sex on political budget cycles (PBCs). The Madrid region is subject to a homogenous set of budget rules, which allows consistently categorising budget...
Persistent link: https://www.econbiz.de/10013198684
Politicians are expected to influence policy outcomes in a way to gain electoral advantage. There is, however, a pending question whether efficiency in the provision of public goods and services is affected by strategic behavior. I examine how electoral cycles influence local government...
Persistent link: https://www.econbiz.de/10012663286
Employing a sample of Spanish municipalities from the Madrid region for the period 2010−2019, we study the influence of a politician’s sex on political budget cycles (PBCs). The Madrid region is subject to a homogenous set of budget rules, which allows consistently categorising budget...
Persistent link: https://www.econbiz.de/10014078417
This paper analyzes the occurrence of political budget cycles in 604 West German cities between 1975 and 2007. Due to the idiosyncratic timing of state and local elections, the budgetary changes before elections at two tiers of the federalist government can be separately estimated and can also...
Persistent link: https://www.econbiz.de/10010472495
We study the magnitude, the determinants and the electoral consequences of pre-electoral fiscal manipulation by incumbent politicians. To this aim, we build a dataset covering all the Italian municipalities. We document several facts. First, there is a clear political cycle in the path of...
Persistent link: https://www.econbiz.de/10013097326
In this paper, the authors examine the impact of municipal budget policy on the percentage of votes for the incumbent majority parties in subsequent elections. They contribute to the academic literature by examining the combined influence of taxes, expenditures and debt. Based on data for...
Persistent link: https://www.econbiz.de/10011857834
This paper analyzes local political cycle in Czech municipalities over the period between 1997 and 2013. We apply the system GMM and the difference GMM estimators to identify distortion in current and capital expenditures per capita in electoral and pre-electoral years, while focusing on various...
Persistent link: https://www.econbiz.de/10011431958
The opportunistic political cycle's theories argued that the incumbent raises the visible expenses in the election time. The paper presents an alternative case that the public planning cycle impedes the incumbent to hike these expenditures. As a short-cut, the incumbent prefers to increase the...
Persistent link: https://www.econbiz.de/10012896626
The political business cycle theories describe that election-motivated politicians manipulate economic policy-making. Election cycles occur in many fiscal variables, for example tax rates. I examine whether electoral motives influence communal fees in Germany. Fees have to be paid for the use of...
Persistent link: https://www.econbiz.de/10011980328
Although pre-electoral political manipulation of the budget --- the political budget cycle (PBC) --- has been long investigated by scholars, empirical findings are mixed at best. This is partly because of the non-random nature of election timing. There also exist ongoing debates over how the...
Persistent link: https://www.econbiz.de/10014179284