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Using Real-Time Data to Test for Political Budget Cycles

Jong-A-Pin, Richard; Sturm, Jan-Egbert; Haan, Jakob de - CESifo - 2012

We use real]time annual data on the fiscal balance, government current spending, current revenues and net capital outlays as published at a half yearly frequency in the OECD Economic Outlook for 25 OECD countries. For each fiscal year t we have a number of forecasts, a first release, and...

Persistent link: https://www.econbiz.de/10010575440

Do Elections Affect the Composition of Fiscal Policy?

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 high-income OECD countries that can be characterized as developed, established democracies during the period 1972-1999. We find that elections shift public spending towards...

Persistent link: https://www.econbiz.de/10008534045

Public Investment and Re-election Prospects in Developed Countries

Katsimi, Margarita; Sarantides, Vassilis - CESifo - 2011

A growing literature suggests that office motivated politicians manipulate fiscal policy instruments in order to seek their re-election. This paper investigates the impact of electoral manipulation of the level and composition of fiscal policy on incumbent’s re-election prospects. This impact...

Persistent link: https://www.econbiz.de/10009294094

Politics and IMF Conditionality

Dreher, Axel; Sturm, Jan-Egbert; Vreeland, James Raymond - CESifo - 2013

Bailouts sponsored by the International Monetary Fund (IMF) are famous for their conditionality: in return for … finding a measure of political importance that is not plagued by endogeneity and obtaining data on IMF conditionality. We … available dataset on the level of conditionality attached to (a maximum of) 314 IMF arrangements with 101 countries over the …

Persistent link: https://www.econbiz.de/10010877803

Is the Political Business Cycle for Real?

Blomberg, S. Brock; Hess, Gregory D. - CESifo - 2001

This paper constructs and examines a macroeconomic model which combines features from both real and political business cycle models. We augment a standard real business cycle tax model by allowing for varying levels of government partisanship and competence in order to replicate two important...

Persistent link: https://www.econbiz.de/10005416501

Are the Elderly a Threat to Educational Expenditures?

Cattaneo, Alejandra; Wolter, Stefan C. - CESifo - 2007

expenditures, a causal link is difficult to prove. This paper uses a unique and representative survey of Swiss voters of all age …

Persistent link: https://www.econbiz.de/10005405879

Social Preferences and Portfolio Choice

Riedl, Arno; Smeets, Paul - CESifo - 2013

and link them to behavior in a controlled experiment and to survey responses. We show that social preferences rather than …

Persistent link: https://www.econbiz.de/10010734704

A Nation-Wide Laboratory. Examining Trust and Trustworthiness by Integrating Behavioral Experiments into Representative Survey

Fehr, Ernst; Fischbacher, Urs; Rosenbladt, Bernhard von; … - CESifo - 2003

survey data is limited by measurement error and by the questionability of their behavioral relevance. Here we present a … interaction among the participants, with a survey of non-interacting respondents in a smooth and inexpensive way. We illustrate … the power of our approach with the analysis of trust and trustworthiness in Germany bycombining representative survey data …

Persistent link: https://www.econbiz.de/10005766135

Who is Afraid of School Choice?

Diem, Andrea; Wolter, Stefan C. - CESifo - 2011

This study uses survey data to investigate attitudes among Swiss voters to different models offering more freedom of …

Persistent link: https://www.econbiz.de/10008872214

What You Ask is What You Get: Willingness-to-Pay for a QALY in Germany

Ahlert, Marlies; Breyer, Friedrich; Schwettmann, Lars - CESifo - 2013

We report results of a survey of a representative sample of the German population in which respondents were asked in … survey exactly copied the setting (online survey) and the questionnaire used in the EuroVaQ project, in the second version … the hypothetical nature of the questions was emphasized more strongly, and the survey was conducted as a computer …

Persistent link: https://www.econbiz.de/10010659184