Fiscal rules, fiscal outcomes and financial market behaviour
In: European journal of political research: official journal of the European Consortium for Political Research, Band 54, Heft 4, S. 836-847
ISSN: 0304-4130
In: European journal of political research: official journal of the European Consortium for Political Research, Band 54, Heft 4, S. 836-847
ISSN: 0304-4130
In: New political economy, Band 20, Heft 5, S. 752
ISSN: 1356-3467
In: New political economy, Band 20, Heft 5, S. 752-782
ISSN: 1469-9923
In: European journal of political research: official journal of the European Consortium for Political Research, Band 54, Heft 4, S. 836-847
ISSN: 1475-6765
AbstractSince the outbreak of the eurozone's sovereign debt crisis, a range of fiscal policy measures have been adopted at the European Union (EU) and national levels that have given rise to claims of a significant reinforcement of fiscal policy constraint. Given the prominence and reinvigorated political appeal of fiscal rules in the EU and beyond, it is disconcerting how little we actually know about the link between fiscal rules, budgetary outcomes and market behaviour. In this research note, the aim is to take stock of the existing literature and challenge its contribution to the current policy debate on the merits of fiscal rules. Specifically it will focus on problems linked to endogeneity, measurements and contextuality.
In: Journal of European integration: Revue d'intégration européenne, Band 35, Heft 3, S. 347-360
ISSN: 1477-2280
In: Journal of European integration, Band 35, Heft 3, S. 347-360
ISSN: 0703-6337
World Affairs Online
In: Review of international political economy, S. 1-25
ISSN: 1466-4526
In: New political economy, Band 23, Heft 4, S. 391-406
ISSN: 1469-9923
In: Socio-economic review, S. mww008
ISSN: 1475-147X
In: Party politics: an international journal for the study of political parties and political organizations, Band 21, Heft 1, S. 40-53
ISSN: 1460-3683
European radical left parties (RLPs) are gradually receiving greater attention. Yet, to date, what has received insufficient focus is why such parties have maintained residues of electoral support after the collapse of the USSR and why this support varies so widely. This article is the first to subject RLPs to large-n quantitative analysis, focusing on 39 parties in 34 European countries from 1990 to 2008. It uses the 'supply and demand' conceptual framework developed for radical right parties to identify a number of socio-economic, political-cultural and party-system variables in the external environment that might potentially affect RLP support. The article finds the most persuasive variables to include political culture (past party success), the level of unemployment, Euroscepticism and anti-globalization sentiment, the electoral threshold and competition from Green and radical right parties. The findings suggest several avenues for future research and provide a framework that can be adapted to explain the electoral success of other party families. [Reprinted by permission of Sage Publications Ltd., copyright holder.]
In: Party politics: an international journal for the study of political parties and political organizations, Band 21, Heft 1, S. 40-53
ISSN: 1354-0688
In: Edinburgh School of Law Research Paper No. 2015/34
SSRN
Working paper
In: West European politics, Band 36, Heft 4, S. 750-770
ISSN: 1743-9655
In: West European politics, Band 36, Heft 4, S. 750-770
ISSN: 0140-2382
World Affairs Online
In: Party politics: an international journal for the study of political parties and political organizations, Band 21, Heft 1, S. 40-53
ISSN: 1460-3683
European radical left parties (RLPs) are gradually receiving greater attention. Yet, to date, what has received insufficient focus is why such parties have maintained residues of electoral support after the collapse of the USSR and why this support varies so widely. This article is the first to subject RLPs to large-n quantitative analysis, focusing on 39 parties in 34 European countries from 1990 to 2008. It uses the 'supply and demand' conceptual framework developed for radical right parties to identify a number of socio-economic, political-cultural and party-system variables in the external environment that might potentially affect RLP support. The article finds the most persuasive variables to include political culture (past party success), the level of unemployment, Euroscepticism and anti-globalization sentiment, the electoral threshold and competition from Green and radical right parties. The findings suggest several avenues for future research and provide a framework that can be adapted to explain the electoral success of other party families.