Similar Search Results

Institutionalized Bailouts and Fiscal Policy : The Consequences of Soft Budget Constraints

Fink, Alexander - 2010

States have soft budget constraints when they can expect a bailout by the federal government in the event of a financial crisis. This gives rise to incentives for unsound state fiscal policy. We test whether states with softer budget constraints have higher debt and deficits, receive more...

Persistent link: https://www.econbiz.de/10013150672

Government Deficits in the European Union : An Analysis of Entry and Exit Dynamics

Bayar, Ali H. - 2009

The extent of government deficits and debt has been one of the most debated issues in recent years. However, much less has been contributed about their dynamics. Yet, the issue of entering into and exiting from excessive deficits is critical in the Economic and Monetary Union since the Stability...

Persistent link: https://www.econbiz.de/10013158139

Economic, Political and Institutional Determinants of Budget Deficits in the European Union

Bayar, Ali H. - 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/10012763989

Economic and Political Determinants of Budget Deficits in the European Union : A Dynamic Random Coefficient Approach

Bayar, Ali H. - 2009

This paper formulates a dynamic Random Coefficient Model (RCM) to consider a set of popular determinants of public deficits in the EU-15 over the period 1971-2006, both at a country-specific level and from a population-wide perspective. Although the extent of government deficits and debt has...

Persistent link: https://www.econbiz.de/10012764965

Habit Formation, Strategic Extremism and Debt Policy

Matsen, Egil; Thogersen, Oystein - 2021

strategically in order to influence the probability of re-election. Comparing to a benchmark case of a certain re-election, we …

Persistent link: https://www.econbiz.de/10013316650

Divided Government Versus Incumbency Externality Effect - Quasi-Experimental Evidence on Multiple Voting Decisions

Ade, Florian - 2012

interested in: Does the partisan identity of the mayor influence the voter's decision in the subsequent town council election … the mayor on the result of the last council election? We rely on a regression discontinuity design focusing on close … election outcomes based on municipal level data for Germany. We find that the party of the mayor can receive a bonus of 4 …

Persistent link: https://www.econbiz.de/10013112896

Moderating Political Extremism : Single Round vs. Runoff Elections under Plurality Rule

Bordignon, Massimo - 2009

equilibrium policy is smaller, because their bargaining power is reduced compared to a single ballot election. The predictions on …

Persistent link: https://www.econbiz.de/10012763997

Voter Confirmation Bias and Electoral Accountability

Lockwood, Ben - 2015

Patent boxes have been heavily debated for their role in corporate tax competition. This paper uses firm-level data for the period 2000-2011 for the top 2,000 corporate research and development (R&D) investors worldwide to consider the determinants of patent registration across a large sample of...

Persistent link: https://www.econbiz.de/10013019848

Transparency in Parliamentary Voting

Benesch, Christine - 2016

We use a change in the voting procedures of one of the two chambers of the Swiss parliament to explore how transparency affects the voting behavior of its members. Until 2013, the Council of States (Ständerat) had voted by a show of hands. While publicly observable at the time of the vote,...

Persistent link: https://www.econbiz.de/10012999777

Government Budget Deficits in Large Open Economies

Buiter, Willem H. - 2011

Large and growing levels of public debt in the United States, United Kingdom, Japan and the Euro Area raise new interest in the cross-country effects of a large open economy's deficits. We consider a dynamic optimizing model with costly tax collection and exogenously given public spending and...

Persistent link: https://www.econbiz.de/10013124182

1
2
3
4
5
6
7
8
9
10
Next
Last