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We study the opportunistic political budget cycle in the London Metropolitan Boroughs between 1902 and 1937 under two different suffrage regimes: taxpayer suffrage (1902-1914) and universal suffrage (1921-1937). We argue and find supporting evidence that the political budget cycle operates...
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this study is its illustration of how the use of fiscal policy affects the local political power of legislators in Brazil … localities. However, given that Brazil uses a party-open-list proportional representation system for congressional elections …
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The paper shows that blissful ignorance does not apply to fiscal policy. In countries with insufficiently informed voters, politicians attempt to ‘buy' votes by substantially increasing government expenditures in election years and tightening the belt post election. This generates costly...
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