Our chapter tested both the opportunistic and ideological hypotheses for the eleven Western German Länder with respect to deficit levels over the period 1974-1994. Our results seem to show that generally the party variable does play a systematic role in decisions concerning deficit levels. They also provide some support for the opportunistic cycle theory showing the effect of the upcoming election on the government spending inclinations.
Political Deficit Cycles: The Case of the Western German Lander
ROSSI, STEFANIA PATRIZIA SONIA
2004-01-01
Abstract
Our chapter tested both the opportunistic and ideological hypotheses for the eleven Western German Länder with respect to deficit levels over the period 1974-1994. Our results seem to show that generally the party variable does play a systematic role in decisions concerning deficit levels. They also provide some support for the opportunistic cycle theory showing the effect of the upcoming election on the government spending inclinations.File in questo prodotto:
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