Similar Search Results

Switch Towards Tax Centralization in Italy : A Wake Up for the Local Political Budget Cycle

Ferraresi, Massimiliano - 2016

The abolition of the municipal property tax on owner-occupied dwellings accomplished in Italy in 2008 offers a quasi-natural experiment that allows for the identification of the presence of political budget cycles - the incentives for municipalities close to elections to manipulate policy...

Persistent link: https://www.econbiz.de/10012982798

An Analysis of Political and Institutional Power Dispersion : The Case of Turkey

Tutar, Ibrahim - 2011

This study examines the effects of fragmented governments and fiscal authorities on budget deficits in Turkey along with political business cycle effects. For econometric analysis we will use annual data from the period of 1960-2009. This paper sheds light on various dispersion indices and their...

Persistent link: https://www.econbiz.de/10013126892

Government Weakness and Electoral Cycles in Local Public Debt : Evidence from Flemish Municipalities

Geys, Benny - 2006

Empirical research on Political Business (and Budget) Cycles is more supportive for electoral cycles in policies than in macro-economic outcomes. But even pre-electoral policy cycles receive no unanimous confirmation. In the present paper, we give credence to recent arguments that this may be...

Persistent link: https://www.econbiz.de/10014057440

Self-Preserving Leviathans - Evidence from Regional-Level Data

Kluge, Jan - 2015

This paper investigates the impact of the intensity of political competition on the leviathan behavior by political incumbents. Using panel data from German municipalities, we test whether the relative political strength of parties in local councils influences the spending behavior of...

Persistent link: https://www.econbiz.de/10013028902

Public expenditure planning in Albania

Bogdani, Irena Dh. - 2002

This paper looks at public expenditure planning in Albania, presenting and analysing the first two post-communist era …-2004, respectively. Albania's medium-term macroeconomic perspectives and elements of fiscal decentralisation, as incorporated by the … Local Government Law of Albania, are presented, too. It is found that, taking into account the first years of post …

Persistent link: https://www.econbiz.de/10010499899

Evaluating Pro-Poor Transfers When Targeting is Weak : The Albanian Ndihma Ekonomike Program Revisited

Mangiavacchi, Lucia - 2009

The Albanian Ndihma Ekonomike is one of the first poverty reduction programs launched in transitional economies. Its record has been judged positively during the recession period of the 1990s and negatively during the more recent growth phase. This paper reconsiders the program using a...

Persistent link: https://www.econbiz.de/10013156443

Evaluating Pro-poor Transfers When Targeting is Weak: The Albanian Ndihma Ekonomike Program Revisited

Mangiavacchi, Lucia; Verme, Paolo - Dipartimento di Scienze per l'Economia e l'Impresa, … - 2009

Persistent link: https://www.econbiz.de/10004998474

Hyperbolic Memory Discounting and the Political Business Cycle

Findley, T. Scott - 2015

The vintage political business cycle framework of Nordhaus (1975) represents the idea that the macroeconomic business cycle is manipulated opportunistically by an incumbent government to achieve re-election. A key assumption in this prototypical framework is that voters discount their memories...

Persistent link: https://www.econbiz.de/10011388245

Conditional political budget cycles in Argentine provinces

Lema, Daniel - 2008

This paper presents evidence of electoraly-motivated changes in the budget balance, public expenditures, composition of public expenditures and provincial revenues in Argentine provinces. The empirical study is made using panel data analysis for 22 provinces during the period 1985-2001....

Persistent link: https://www.econbiz.de/10003819659

Pakistan, politics and political business cycles

Batool, Irem; Sieg, Gernot - 2009

This paper studies whether in Pakistan the dynamic behavior of unemployment, inflation, budget deficit and real GDP growth is systematically affected by the timing of elections. We cover the period from 1973-2009. Our results can be summarized as follows: 1. Unemployment tends to be lower in...

Persistent link: https://www.econbiz.de/10003952200