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ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/26656
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Bayar, Ali | | en_US |
| dc.contributor.author | | Smeets, Bram | | en_US |
| dc.date.accessioned | | 2009-05-08 | | en_US |
| dc.date.accessioned | | 2009-07-28T08:49:29Z | | - |
| dc.date.available | | 2009-07-28T08:49:29Z | | - |
| dc.date.issued | | 2009 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/26656 | | - |
| dc.description.abstract | | Using an extended data set of EU countries ranging from 1971-2006 and relevant econometric methods, we investigate the economic, political, and institutional determinants of government deficits in the EU. The results show a strong opportunistic behaviour of policymakers which leads to political business cycles. We find that political fragmentation does not play a significant role in government deficits. Partisan behaviour has a weak effect. The stability of the government has a significant negative impact on the size of the budget deficit. The paper also shows the significant effects of the Maastricht Treaty on fiscal consolidation. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | CESifo München | | en_US |
| dc.relation.ispartofseries | | CESifo working paper 2611 | | en_US |
| dc.subject.jel | | C33 | | en_US |
| dc.subject.jel | | E62 | | en_US |
| dc.subject.jel | | H6 | | en_US |
| dc.subject.jel | | H87 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | fiscal policy | | en_US |
| dc.subject.keyword | | European Monetary Union | | en_US |
| dc.subject.stw | | Finanzpolitik | | en_US |
| dc.subject.stw | | Haushaltsdefizit | | en_US |
| dc.subject.stw | | Public Choice | | en_US |
| dc.subject.stw | | Europäische Wirtschafts- und Währungsunion | | en_US |
| dc.subject.stw | | Konvergenzkriterien | | en_US |
| dc.subject.stw | | Politischer Konjunkturzyklus | | en_US |
| dc.subject.stw | | Schätzung | | en_US |
| dc.subject.stw | | EU-Staaten | | en_US |
| dc.title | | Economic, political and institutional determinants of budget deficits in the European Union | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 599456876 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | CESifo Working Papers, CESifo Group Munich
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