Does right or left matter? Cabinets, credibility and fiscal adjustments

Journal of Public Economics - Tập 88 - Trang 2447-2468 - 2004
José Tavares1
1Faculdade de Economia, Universidade Nova de Lisboa, Campus de Campolide, 1099-032 Lisbon, Portugal

Tài liệu tham khảo

Alesina, 1991, Why are stabilizations delayed?, American Economic Review, 81, 1170 Alesina, 1997, Fiscal adjustments in OECD countries: composition and macroeconomic effects, International Monetary Fund Staff Papers, 44, 210, 10.2307/3867543 Alesina, A., Roubini, N., Cohen, G. Political Cycles and the Macroeconomy. MIT Press, Cambridge. Alesina, 1998, The political economy of fiscal adjustments, Brookings Papers on Economic Activity, 0, 197, 10.2307/2534672 Barro, 1989, The neoclassical approach to fiscal policy, 178 Bertola, 1993, Trigger points and budget cuts: explaining the effects of fiscal austerity, American Economic Review, 83, 1184 Blais, 1993, Do parties make a difference? Parties and the size of government in liberal democracies, American Journal of Political Science, 37, 40, 10.2307/2111523 Blanchard, 1990, Comments on Giavazzi and Pagano, 112 Blinder, 1984, Public opinion and the balanced budget, American Economic Review, 74, 144 Budge, 1993, Political data 1945–90, European Journal of Political Research, Special Issue, 24, 1 Castles, 1984, Left–right political scales: some expert judgements, European Journal of Political Research, 12, 73, 10.1111/j.1475-6765.1984.tb00080.x Cukierman, 1998, When does it take a Nixon to go to China, American Economic Review, 88, 180 De Haan, 1997, Political and economic determinants of budget deficits and of government spending: a reinvestigation, European Journal of Political Economy, 13, 739, 10.1016/S0176-2680(97)00033-5 Drazen, 1994, Credibility of policy versus credibility of policymakers, Quarterly Journal of Economics, 735, 10.2307/2118420 Edin, 1991, Political Determinants of Budget Deficits: Coalition Effects versus Minority Effects, European Economic Review, 35, 1597, 10.1016/0014-2921(91)90021-A Fuller, 1995, The split between political parties on economic issues: a survey of republicans, democrats, and economists, Eastern Economic Journal, 21, 227 Gallup Organization, 1990, The Gallup Poll Monthly Giavazzi, 1990, Can severe fiscal adjustment be expansionary? Tales of two small European countries, 75 Giavazzi, 1996, Non-Keynesian effects of fiscal policy changes: international evidence and the Swedish experience, Swedish Economic Policy Review, 3, 67 Golden, 1980, The price of popularity: the political business cycle reexamined, American Journal of Political Science, 24, 696, 10.2307/2110954 Grilli, 1991, Political and monetary institutions and public financial policies in the industrial countries, Economic Policy: A European Forum, 6, 341, 10.2307/1344630 Hahm, 1995, Influences on deficit spending in industrialized countries, Journal of Public Policy, 15, 183, 10.1017/S0143814X0001014X Hallerberg, 2002, On the cyclicality of fiscal policy in Europe, Empirica, 29, 183, 10.1023/A:1020299609077 Hallerberg, 1999, Electoral institutions, cabinet negotiations, and budget deficits in the European Union, 209 Hansen, 1998, Individuals, institutions, and public preferences over public finance, American Political Science Review, 92, 513, 10.2307/2585478 Hansen, J.M., 1999. Thinking the Budget: Public Opinion and Tradeoffs Over Spending, Taxes and Deficits. Mimeo. Department of Political Science, University of Chicago. Hibbs, 1977, Political parties and macroeconomic policy, American Political Science Review, 23, 1467, 10.2307/1961490 Kay, 1995, Who will reconnect with the people: republicans, democrats, or … none of the above?, Americans Talk Issues Keech, 1995 Lambertini, L., Tavares, J., 2000. Exchange Rates and Fiscal Adjustments: Evidence From the OECD and Implications for the EMU. Mimeo, University of California Los Angeles. Lane, P., Perotti, R., 2001. The Importance of Composition of Fiscal Policy: Evidence from Different Exchange Rate Regimes. Mimeo, European University Institute. Laver, M., Hunt, W.B., 1992. Policy and Party Competition. Routledge, Chapman and Hall, New York. Lewis-Beck, 1988 Mulas-Granados, 2003, The Political and Economic Determinants of Budgetary Consolidation in Europe, European Political Economy Review, 1, 015 Organization of Economic Cooperation and Development, 1997 Pencavel, J., 1986. Labor Supply of Men: A Survey. In: Ashenfelter, O., Layard, R., (eds), Handbook of labor economics. Volumes 1. Handbooks in Economics series, no. 5, Amsterdam; Oxford and Tokyo: North-Holland; distributed in North America by Elsevier Science, New York, 1986, pages 3–102. Perotti, 1999, Fiscal policy in good times and bad, Quarterly Journal of Economics, 114, 1399, 10.1162/003355399556304 1996 Rodrik, 1993, The positive economics of policy reform, American Economic Review, 83, 356 Roubini, 1989, Political and economic determinants of budget deficits in the industrial democracies, European Economic Review, 33, 903, 10.1016/0014-2921(89)90002-0 Samuelson, 1996, The debate we need, Newsweek Spolaore, E., 1993. Policy Making Systems and Economic Efficiency, Coalition Governments vs Majority Government. Harvard University. Unpublished paper. Sutherland, 1997, Fiscal crisis and aggregate demand: can high public debt reverse the effects of fiscal policy?, Journal of Public Economics, 65, 147, 10.1016/S0047-2727(97)00027-3 Tsebelis, 1995, Decision making in political systems: veto players in presidentialism, parliamentarism, multicameralism and multipartyism, British Journal of Political Science, 25, 289, 10.1017/S0007123400007225 Tsebelis, 1999, Veto players and law production in parliamentary democracies: an empirical analysis, American Political Science Review, 93, 591, 10.2307/2585576 Tsebelis, G., Chang, E., 2001. Veto Players and the Structure of Budgets in Advanced Industrialized Countries. Mimeo, University of California Los Angeles. Volkerink, B., De Haan, J., 2000. Fragmented Government Effects on Fiscal Policy: New Evidence. Mimeo, Department of Economics, University of Groningen. Warwick, 1994 Woldendorp, 1998, Party government in 20 democracies: an update (1990–1995), European Journal of Political Research, 33, 125, 10.1111/1475-6765.00378