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dc.contributor.authorSiebel, Jensen_US
dc.date.accessioned2009-01-29T15:58:24Z-
dc.date.available2009-01-29T15:58:24Z-
dc.date.issued2005en_US
dc.identifier.urihttp://hdl.handle.net/10419/23299-
dc.description.abstractIn this paper Tabellini's and Alesina's (1990) median voter model for the explanation of budget deficits is modified by endogenizing the private sector. Debt finance is supplemented by taxing a private consumption which serves as an additional source of revenue for funding the public sector. The introduction of the private sector enables us to explain the budget balance as a result of political polarization with a left-wing party and a right-wing party having different preferences for the size of the public sector.en_US
dc.language.isoengen_US
dc.relation.ispartofseriesVolkswirtschaftliche Diskussionsbeiträge / Universität-Gesamthochschule-Siegen, Fachbereich Wirtschaftswissenschaften 120en_US
dc.subject.jelH61en_US
dc.subject.jelH62en_US
dc.subject.ddc330en_US
dc.subject.stwHaushaltsdefiziten_US
dc.subject.stwFinanzpolitiken_US
dc.subject.stwStaatsquoteen_US
dc.subject.stwMedian Voteren_US
dc.subject.stwTheorieen_US
dc.titleBudget deficit, size of the public sector and majority votingen_US
dc.typeWorking Paperen_US
dc.identifier.ppn484639161en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:Volkswirtschaftliche Diskussionsbeiträge, Universität Siegen

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