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Staatsverschuldung aus Bürgersicht : ein Forschungsüberblick
Mause, Karsten - In: Vierteljahrshefte zur Wirtschaftsforschung 88 (2019) 4, pp. 39-49
Aufgrund der seit langem geführten Debatte um das Für und Wider der Nutzung des Politikinstruments der Staatsverschuldung wissen wir recht viel darüber, was Experten (z. B. Finanzpolitiker/‌-‍wissenschaftler) von Haushaltskonsolidierung, Deficit-Spending oder Verschuldungsgrenzen halten....
Persistent link: https://www.econbiz.de/10012155253
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Fiscal Crisis as Failure of Progressivist Democracy
Wagner, Richard E. - 2015
it resides in the morphing of a constitutional system of limited democracy into one of progressivist or oligarchic … democracy. The clear and present danger is that the present crisis will end up strengthening the conservative forces of … progressivist democracy and its program of continually extending the reach of politics into society. The avoidance of that danger …
Persistent link: https://www.econbiz.de/10014136830
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Partisan fiscal policy : evidence from Central and Eastern Europe
Schneider, Ondřej - 2019
This paper examines effects of political ideology of a governing party on fiscal outcomes, using data from eight Central and Eastern European countries in the 2001-2017 period. The analysis shows that there is a statistically significant effect of conservative governments on fiscal variables,...
Persistent link: https://www.econbiz.de/10012157827
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Partisan fiscal policy : evidence from Central and Eastern Europe
Schneider, Ondřej - 2019
This paper examines effects of political ideology of a governing party on fiscal outcomes, using data from eight Central and Eastern European countries in the 2001-2017 period. The analysis shows that there is a statistically significant effect of conservative governments on fiscal variables,...
Persistent link: https://www.econbiz.de/10012133662
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Young voters and budget deficits
Nyhus, Ole Henning; Strøm, Bjarne - 2023
This paper exploits a novel trial in Norwegian local elections in 2011 to provide empirical evidence on fiscal performance from lowering the minimum voting age from 18 to 16. Using a difference in differences research strategy, we find that this voting age change reduced the net operating...
Persistent link: https://www.econbiz.de/10014252321
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American Democracy and the Problem of Fiscal Deficits
Wagner, Richard E. - 2018
Most theorists of public finance treat budgeting as a technical problem concerned centrally with projecting revenues and expenses. To the contrary, I treat budgeting as a political problem, with technical matters serving to obscure more than illuminate the political economy of budgeting. This...
Persistent link: https://www.econbiz.de/10012906539
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Do expected downturns kill political budget cycles?
Bohn, Frank; Sturm, Jan-Egbert - 2020
The political budget cycle (PBC) literature argues that governments expand deficits in election years. However, what happens when an economic downturn is expected? Will the government allow the deficit to expand even further, or will it resort to spending cuts and tax increases? When voters...
Persistent link: https://www.econbiz.de/10012233000
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The effect of fiscal rules on public investment if budget deficits are politically motivated
Dur, Robert A. J.; Peletier, Ben D.; Swank, Otto H. - 1997
Uncertainty about the future preferences of the government may induce policy makers to run excessive budget deficits. As a solution to this problem, economists have proposed to impose a binding debt rule. In this paper we argue that a binding debt rule does not eliminate the distortions due to...
Persistent link: https://www.econbiz.de/10010371104
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Now or later? : the political economy of public investment in democracies
Gupta, Sanjeev; Liu, Estelle Xue; Mulas Granados, Carlos - In: European journal of political economy 45 (2016), pp. 101-114
Persistent link: https://www.econbiz.de/10011715063
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Budget credibility of subnational governments: analyzing the fiscal forecasting errors of 28 states in India
Chakraborty, Lekha; Chakraborti, Pinaki; Shrestha, Ruzel - 2020
Budget credibility, or the ability of governments to accurately forecast macro-fiscal variables, is crucial for effective public finance management. Fiscal marksmanship analysis captures the extent of errors in the budgetary forecasting. The fiscal rules can determine fiscal marksmanship, as...
Persistent link: https://www.econbiz.de/10012252992