Public Opinion and the Balanced Budget
AbstractWhile most Americans have long favored a balanced federal budget , not all do. This paper uses cross-sectional differences among respondents to two public opinion polls to try to discriminate among competing hypotheses about why Americans want the budget balanced. Logit models are fit to data from two different public opinion polls : a Gallup poll and a CBS/New York Times poll conducted , respectively, in March and April of 1980, a time when the proposed balanced budget amendment to the Constitution was very much in the news. In each case , a large majority favored a balanced budget requirement. However, they favor it for a smorgasbord of reasons and at unclear price. It appears that political affiliation, ideology and personal circumstances are far less important determinants of the choice than economic rationales.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by American Economic Association in its journal American Economic Review.
Volume (Year): 74 (1984)
Issue (Month): 2 (May)
Other versions of this item:
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Douglas A. Hibbs, Jr., 1982. "Public Concern about Inflation and Unemployment in the United States: Trends, Correlates, and Political Implications," NBER Chapters, in: Inflation: Causes and Effects, pages 211-232 National Bureau of Economic Research, Inc.
- Tavares, Jose, 2004.
"Does right or left matter? Cabinets, credibility and fiscal adjustments,"
Journal of Public Economics,
Elsevier, vol. 88(12), pages 2447-2468, December.
- Jose Tavares, 2000. "Does Right or Left Matter? Cabinets, Credibility and Fiscal Adjustments," Econometric Society World Congress 2000 Contributed Papers 1548, Econometric Society.
- Walstad, William B. & Rebeck, Ken, 2002. "Assessing the economic knowledge and economic opinions of adults," The Quarterly Review of Economics and Finance, Elsevier, vol. 42(5), pages 921-935.
- Niepelt, Dirk, 2007.
"Starving the beast? Intra-generational conflict and balanced budget rules,"
European Economic Review,
Elsevier, vol. 51(1), pages 145-159, January.
- Dirk Niepelt, 2005. "Starving the Beast? Intra-Generational Conflict and Balanced Budget Rules," Working Papers 05.04, Swiss National Bank, Study Center Gerzensee.
- Dirk Niepelt, 2004.
"Tax Smoothing versus Tax Shifting,"
Review of Economic Dynamics,
Elsevier for the Society for Economic Dynamics, vol. 7(1), pages 27-51, January.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jane Voros) or (Michael P. Albert).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.