Brender, Adi; Drazen, Allan - Collegio Carlo Alberto, Università degli Studi di Torino - 2010
for granted that when leadership changes, policy change follows. Using a dataset we created on the composition of central … changes in one measure of policy - spending composition - as well as looking at the effect of other political and economic … variables. We find that the replacement of a leader tends to have no significant effect on expenditure composition in the short …