IDEAS home Printed from https://ideas.repec.org/a/lus/zwipol/v47y1998i2p220-248n6.html
   My bibliography  Save this article

Politische und Institutionelle Determinanten der Staatsverschuldung

Author

Listed:
  • Wagschal Uwe

    (Universität Bremen Zentrum für Sozialpolitik - Barkhof - Parkallee 39 D - 28209 Bremen)

Abstract

Determinants of public debt and deficits are nowadays considered as central issues of economic and financial policy. Concerning a decreasing capacity to act due to financial restrictions the consequences for governments can be serious. The main research question is: which political and institutional factors are responsible for increasing debt and deficits and which factors rather tend to confine them. Starting with a discussion of theories related to public debt, the paper than examines possible determinants. The focus is on certain institutions such as elections, strong governments, central bank independence or direct democracy. Furthermore, the role of parties and the complexion of governments is analysed. In the centre of interest are western industrialised nations, which are members of the OECD.

Suggested Citation

  • Wagschal Uwe, 1998. "Politische und Institutionelle Determinanten der Staatsverschuldung," Zeitschrift für Wirtschaftspolitik, De Gruyter, vol. 47(2), pages 220-248, August.
    • Handle: RePEc:lus:zwipol:v:47:y:1998:i:2:p:220-248:n:6
    DOI: 10.1515/zfwp-1998-0206
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/zfwp-1998-0206
    Download Restriction: For access to full text, subscription to the journal or payment for the individual article is required.
    File URL: https://libkey.io/10.1515/zfwp-1998-0206?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hrbek Rudolf & Rosenfeld Martin T.W. & Schick Gerhard, 2005. "Hinaus aus der Selbstblockade – Ziele und Wege zur Reform des Förderalismus," Zeitschrift für Wirtschaftspolitik, De Gruyter, vol. 54(2), pages 177-208, August.
    2. Markus Freitag & Pascal Sciarini, 2001. "The Political Economy of Budget Deficits in the European Union," European Union Politics, , vol. 2(2), pages 163-189, June.
    3. Jens Peter Siebel, 2005. "Budget deficit, size of the public sector and majority voting," Volkswirtschaftliche Diskussionsbeiträge 120-05, Universität Siegen, Fakultät Wirtschaftswissenschaften, Wirtschaftsinformatik und Wirtschaftsrecht.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:lus:zwipol:v:47:y:1998:i:2:p:220-248:n:6. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.