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Searching for Keynes: An Essay on the Political Economy of Fiscal Policy, with Application to Canada, 1870-2000 - revised version
Winer, Stanley L.; Ferris, J Stephen - 2003
planned to do after Keynes', if Keynes' ideas had not in fact been present. Our results suggest that textbook Keynesianism is …
Persistent link: https://www.econbiz.de/10010316008
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Searching for Keynes: An Essay on the Political Economy of Fiscal Policy, with Application to Canada, 1870-2000 - revised version
Winer, Stanley L.; Ferris, J Stephen - CESifo - 2003
planned to do ‘after Keynes’, if Keynes' ideas had not in fact been present. Our results suggest that textbook Keynesianism is …
Persistent link: https://www.econbiz.de/10005094361
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Searching for Keynes : an essay on the political economy of fiscal policy, with application to Canada, 1870-2000 - revised version
Winer, Stanley L.; Ferris, John Stephen - 2003
planned to do after Keynes , if Keynes' ideas had not in fact been present. Our results suggest that textbook Keynesianism is …
Persistent link: https://www.econbiz.de/10011509394
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Searching for Keynes : With Application to Canada, 1870-2000
Ferris, J. Stephen; Winer, Stanley L. - 2021
distinguish empirically between transitory and permanent components of fiscal structure - where Keynesianism concerns the … pre-Keynesian stabilization continued. Democratic governments have always been concerned with alleviating the hardship of … Keynesian stabilization in the policy actions of the Canadian government after 1945. The study uses consistent budgetary data …
Persistent link: https://www.econbiz.de/10013319796
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Candidate Entry, Screening, and the Political Budget Cycle
Le Borgne, Eric - 2006
We investigate whether private information about citizens' competence in political office can be revealed by their entry and campaign expenditure decisions. We find that this depends on whether voters and candidates have common or conflicting interests; only in the former case can entry be...
Persistent link: https://www.econbiz.de/10012782888
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'Dynamic Scoring' : Why and How to Include Macroeconomic Effects in Budget Estimates for Legislative Proposals
Elmendorf, Douglas W. - 2015
Official estimates of the budgetary effects of proposed federal legislation generally exclude behavioral responses that would have macroeconomic effects. In my view, including such effects — an approach known as “dynamic scoring” — in estimates for certain proposals would improve the...
Persistent link: https://www.econbiz.de/10013013674
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Inequality and Public Debt: A Positive Analysis
Arawatari, Ryo; Ono, Tetsuo - Graduate School of Economics, Osaka University - 2015
This study extends the multi-country, politico-economic model of fiscal policy developed by Song, Storesletten, and Zilibotti (2012) to incorporate wage inequality within each country. In this extended framework, we present conflict within and across generations over fiscal policy and show that...
Persistent link: https://www.econbiz.de/10011122651
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Fiscal Stimulus of Consumption and the Keynesian Black Hole
Sy, Wilson N. - 2016
It is shown empirically that, for the US economy, fiscal stimulus has increased total consumption, but has depressed economic growth. Therefore, decades of fiscal stimulus has been a continual depressant on US economic growth and moved the economy closer to the Keynesian singularity defined as...
Persistent link: https://www.econbiz.de/10012998654
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Public debt and the political economy of reforms
Boyer, Pierre C.; Esslinger, Christoph; Roberson, Brian - 2021
We develop a two-period model of redistributive politics in which two politicians compete in an election in each period. In the first period, the politicians propose both whether to experiment with an efficient reform with uncertain benefits and choose the amount of public debt. Politicians also...
Persistent link: https://www.econbiz.de/10012491550
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Political competitiveness and fiscal structure : a time series analysis : Canada, 1870 - 2015
Ferris, John Stephen; Winer, Stanley L. - 2018
We investigate the extent to which the intensity of political competition moderates the governance issues that arise in relation to Canada’s fiscal structure. By fiscal structure we mean three distinct but interrelated fiscal dimensions of the state: financial stability, long run size and...
Persistent link: https://www.econbiz.de/10011899070