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Until recently, most research on political budget cycles was based on the (often implicit) presumption that these cycles do not differ across countries. However, more recent studies focus on heterogeneity. This paper surveys studies examining the factors conditioning the occurrence and strength...
Persistent link: https://www.econbiz.de/10010863981
This paper addresses two empirical questions. Is fiscal policy affected by upcoming elections? If so, do election-motivated fiscal policies enhance the probability of re-election of the incumbent? Employing data for 65 democratic countries over 1975–2005 in a semi-pooled panel model, we find...
Persistent link: https://www.econbiz.de/10010864213
We test the hypothesis that governments facing popular protest are more likely to use fiscal policy for re-election purposes, employing data of 65 democratic countries–both developed and developing–over the period 1975–2005. Using the number of anti-government demonstrations and general...
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