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Conditional political budget cycles: a review of recent evidence

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  • Jakob Haan

    ()

  • Jeroen Klomp

Abstract

Until recently, most research on political budget cycles was based on the (often implicit) presumption that these cycles do not differ across countries. However, more recent studies focus on heterogeneity. This paper surveys studies examining the factors conditioning the occurrence and strength of manipulation of fiscal policy for electoral purposes, at the aggregate level or at the level of a particular type of government expenditure. Conditioning factors discussed include: the level of development, institutional quality, age and level of democracy, electoral rules and form of government, transparency of the political process, the presence of checks and balances, and fiscal rules. Copyright Springer Science+Business Media New York 2013

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Bibliographic Info

Article provided by Springer in its journal Public Choice.

Volume (Year): 157 (2013)
Issue (Month): 3 (December)
Pages: 387-410

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Handle: RePEc:kap:pubcho:v:157:y:2013:i:3:p:387-410

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Web page: http://www.springerlink.com/link.asp?id=100332

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Keywords: Political budget cycles; Conditionality; Survey; E62; H62;

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Cited by:
  1. Toke Aidt & Graham Mooney, 2014. "Voter suffrage and the political budget cycle: evidence from the London Metropolitan Boroughs 1902-1937," Cambridge Working Papers in Economics 1401, Faculty of Economics, University of Cambridge.
  2. Klomp, Jeroen & de Haan, Jakob, 2013. "Popular protest and political budget cycles: A panel data analysis," Economics Letters, Elsevier, vol. 120(3), pages 516-520.
  3. Toke Aidt & Graham Mooney, 2014. "Voting Suffrage and the Political Budget Cycle: Evidence from the London Metropolitan Boroughs 1902-1937," CESifo Working Paper Series 4614, CESifo Group Munich.
  4. Harry Garretsen & Janka I. Stoker & Rob Alessie & Joris Lammers, 2014. "Simply a Matter of Luck & Looks? Predicting Elections when Both the World Economy and the Psychology of Faces Count," CESifo Working Paper Series 4857, CESifo Group Munich.

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