Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/282447 
Year of Publication: 
2023
Series/Report no.: 
CESifo Working Paper No. 10759
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
We test whether the proactive use of instruments of direct democracy by voters can help to explain fiscal sustainability of 25 Swiss cantons. Using data of all cantonal popular votes since 1977, our results show that the fiscal reaction of cantonal governments to an increase in the debt to GDP ratio of a canton is stronger, the more cantonal voters actively made use of their direct democratic rights in the previous year.
Subjects: 
direct democracy
political process
fiscal policy
JEL: 
H11
H50
D72
Document Type: 
Working Paper
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