Showing 131 - 140 of 72,899
This paper studies the cyclical properties of two key expenditure categories (current and public investment spending) during the different phases of the business cycle (good times and bad times). Anecdotal evidence suggests that policymakers usually cannot resist the temptation of spending more...
Persistent link: https://www.econbiz.de/10012930047
Using a panel of OECD countries, we show that immigration systematically alters the composition of public spending in the destination country. To mitigate the bias from endogenous sorting of immigrants, we use an IV estimation strategy. The instrument is constructed by estimating a bilateral...
Persistent link: https://www.econbiz.de/10012831002
This paper proposes and empirically tests a new demand-side explanation for distortions in public spending composition. Voters prefer spending with certain and immediate benefits when they have low trust in electoral promises and high discount rates. The paper incorporates these characteristics...
Persistent link: https://www.econbiz.de/10012256493
Pork-barrel spending is the use of federal money for localized projects that yield only a narrow geographic benefit. It is a commonly held belief that politicians use this spending to improve their chances of re-election. One way that an incumbent can increase their chances of re-election is...
Persistent link: https://www.econbiz.de/10012020519
Previous studies used general government data to examine whether national governments' electoral motives and ideology influenced budget composition in OECD countries. General government data includes, however, the state and local level. Using new data for general and central government over the...
Persistent link: https://www.econbiz.de/10012164679
This paper studies the cyclical properties of two key expenditure categories (current and public investment spending) during the different phases of the business cycle (good times and bad times). Anecdotal evidence suggests that policymakers usually cannot resist the temptation of spending more...
Persistent link: https://www.econbiz.de/10011784234
We investigate the extent to which the intensity of political competition moderates the governance issues that arise in relation to Canada’s fiscal structure. By fiscal structure we mean three distinct but interrelated fiscal dimensions of the state: financial stability, long run size and...
Persistent link: https://www.econbiz.de/10011899070
Previous studies used general government data to examine whether national governments' electoral motives and ideology influenced budget composition in OECD countries. General government data includes, however, the state and local level. Using new data for general and central government over the...
Persistent link: https://www.econbiz.de/10012171652
In this paper, we study the effect of women's suffrage on government expenditure in Swiss cantons. Based on the institutionally induced change in the electorate, we analyse the relationship between politically represented preferences and the outcome of the political process. Women, on average,...
Persistent link: https://www.econbiz.de/10014068722
While it is widely believed by academics, politicians and the popular press that incumbent members of Congress are rewarded by the electorate for bringing federal dollars to their district, the empirical evidence supporting that claim is extremely weak. One explanation for the failure to uncover...
Persistent link: https://www.econbiz.de/10014074761