Katsimi, Margarita; Sarantides, Vassilis - CESifo - 2010
This paper investigates the impact of elections on the level and composition of fiscal instruments using a sample of 19 … find that elections shift public spending towards current and away from capital expenditures. Moreover, although we find no … evidence for an electoral cycle for government deficit and expenditures, we do find a negative effect of elections on revenue …