This paper examines the effect of elections on fiscal policies in 21 countries in Latin America and the Caribbean from 1983 to 1996. The budget surplus proves to be lower than normal in the preelectoral and higher in the postelectoral years. Both the expenditure and revenue sides contribute to...

Este ensayo examina el efecto de las elecciones en las politicas fiscales de 21 paises de la America Latina y el Caribe entre 1983 y 1996. El superavit presupuestario es menor de lo normal en el ano anterior a las elecciones y mayor en el ano posterior. Tanto los gastos como las recaudaciones...

This paper examines the effect of elections on fiscal policies in 21 countries in Latin America and the Caribbean from 1983 to 1996. The budget surplus proves to be lower than normal in the preelectoral and higher in the postelectoral years. Both the expenditure and revenue sides contribute to...