Social Expenditures as a Political Cue Ball?: OECD Countries under Examination
This paper examines how policy affects social expenditures. Analyzing an OECD panel from 1980 to 2003, five political variables are tested: Election- and pre-election years, the ideological party composition of the governments, the number of coalition partners and the fact, if the ruling government has a majority in parliament or not (minority government). I find that neither of these variables have an impact on social expenditures using different model set-ups. The influence of national governments seems to be limited by the globalization, which indeed impairs social expenditures.
|Length:||21 + Anh. p.|
|Date of creation:||2007|
|Date of revision:|
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"Elections and Macroeconomic Policy Cycles,"
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