Debt and other determinants of fiscal policy use

William DiPietro

Using a measure of variation in real government expenditure for the period 1998 through 2008, this paper employs cross country regression analysis to look at the effect of public debt, both singularly and when adjusting for control variables, on fiscal policy usage. The empirical findings are consistent with the hypothesis that higher public debt tends to lessen the use of fiscal policy. -- fiscal Policy ; debt ; public trust ; development

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Year of publication:	2011
Authors:	DiPietro, William
Published in:	Journal of applied finance & banking. - London : Scienpress, ISSN 1792-6599, ZDB-ID 26142429. - Vol. 1.2011, 3, p. 113-123

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Type of publication:	Article
Language:	English
Classification:	E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation
Source:	OLC-SSG Economic Sciences

Persistent link: https://www.econbiz.de/10010009084