We study a unique quasi-experiment in Austria, where compulsory voting laws are changed across Austria's nine states at different times. Analyzing state and national elections from 1949-2010, we show that compulsory voting laws with weakly enforced fines increase turnout by roughly 10 percentage...

We study cointegrating relationships among fiscal variables and output and use them to introduce a new measure of the government's fiscal position. In the US since World War II, we find that the primary surplus-GDP ratio and the government debt-GDP ratio are nonstationary, which invalidates...

After several years of practice, the question arises whether performance budgeting as one part of the New Public Management reforms has been effective. Derived from the international literature on experiences with performance budgeting Christiane Lorenz identifies five elements which constitute...

Dem Sport werden zahlreiche Gemeinwohlfunktionen zugeschrieben. Aus diesem Grund wird er mit öffentlichen Mitteln gefördert. In welchem Umfang der Sport in Deutschland auf diese Weise gefördert wird und insbesondere welche Mittel aus dem Sport wieder an die öffentlichen Haushalte...

Das Wissen zur finanzpolitischen Bedeutung des Sports ist für politische Entscheidungsträger von großer Bedeutung. Tim Pawlowski und Christoph Breuer präsentieren und diskutieren verschiedene Methoden und Daten, um die finanzpolitische Bedeutung des Sports in Deutschland erstmals...

We use an instrumental-variables estimator reliant on variation in congressional representation to analyze the effects of federal aid to state and local governments across all four major pieces of COVID-19 response legislation. Through September 2021, we estimate that the federal government...

We develop a new class of general equilibrium models with partially unfunded debt to propose a fiscal theory of trend inflation. In response to business cycle shocks, the monetary authority controls inflation, and the fiscal authority stabilizes debt. However, the central bank accommodates...