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Political Budget Cycles Revisited: Testing the Signalling Process
Garcia, Israel; Hayo, Bernd - 2020
' perceptions of their competence and/or preferences by using the composition of the fiscal budget as a signalling tool. However … relevance of the signalling channel at the municipal level, we conducted a survey among 2,000 representative German citizens in … that they are being electorally targeted. Our analysis suggests that the municipal voting decision, at least in Germany, is …
Persistent link: https://www.econbiz.de/10012208400
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Political Budget Cycles Revisited : Testing the Signalling Process
García, Israel - 2020
' perceptions of their competence and/or preferences by using the composition of the fiscal budget as a signalling tool. However … relevance of the signalling channel at the municipal level, we conducted a survey among 2,000 representative German citizens in … that they are being electorally targeted. Our analysis suggests that the municipal voting decision, at least in Germany, is …
Persistent link: https://www.econbiz.de/10012837987
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The influence of politicians' sex on political budget cycles : an empirical analysis of Spanish municipalities
García, Israel; Hayo, Bernd - 2022 - This version: 30 May 2022
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
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Electoral rules for mayors and incentives to pork-barrel : quasi-experimental evidence from German municipalities ; conference paper
Hessami, Zohal - 2014
This paper exploits a natural experiment in Hesse where a reform of the electoral rule from mayor appointment by the local council towards direct mayor elections was introduced during a phase-in period from 1993 to 1998. The end of the term of the last appointed mayor varies across...
Persistent link: https://www.econbiz.de/10010485272
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Do expected downturns kill political budget cycles?
Bohn, Frank; Sturm, Jan-Egbert - 2020
The political budget cycle (PBC) literature argues that governments expand deficits in election years. However, what happens when an economic downturn is expected? Will the government allow the deficit to expand even further, or will it resort to spending cuts and tax increases? When voters...
Persistent link: https://www.econbiz.de/10012233000
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Economic, political and institutional determinants of budget deficits in the European Union
Bayar, Ali H.; Smeets, Bram - 2009
Using an extended data set of EU countries ranging from 1971-2006 and relevant econometric methods, we investigate the economic, political, and institutional determinants of government deficits in the EU. The results show a strong opportunistic behaviour of policymakers which leads to political...
Persistent link: https://www.econbiz.de/10003831961
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Manipulating fiscal forecasts : evidence from the German States
Kauder, Björn; Potrafke, Niklas; Schinke, Christoph - 2017
We examine whether German state governments manipulated fiscal forecasts before elections. Our data set includes three fiscal measures over the period 1980-2014. The results do not show that electoral motives influenced fiscal forecasts in West German states. By contrast, East German state...
Persistent link: https://www.econbiz.de/10011597259
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Elections and government efficiency
Dorn, Florian - 2021
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
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State Fiscal Adjustment During Times of Stress : Possible Causes of the Severity and Composition of Budget Cuts
Clemens, Jeffrey P. - 2012
Efforts to maintain balanced budgets, driven in part by formal requirements, lead to substantial pro-cyclicality in states' capital investments, transfers to local governments, and spending in areas like education and transportation. Extensive reliance on relatively volatile revenue sources...
Persistent link: https://www.econbiz.de/10013098483
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Essays on the behavior of firms and politicians
Riem, Marina - 2017
attitudes and actions of politicians in Germany. The results show that German state politicians' and governments' words differed …, wie ideologische Orientierung Einstellungen und Handlungen von Politikern in Deutschland prägt. Die Ergebnisse zeigen …
Persistent link: https://www.econbiz.de/10011741962