CONCLUSIONI
In: Quaderni del Circolo Rosselli: QCR : pubblicazione trimestrale, Band 25, Heft 88, S. 105-106
ISSN: 1123-9700
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In: Quaderni del Circolo Rosselli: QCR : pubblicazione trimestrale, Band 25, Heft 88, S. 105-106
ISSN: 1123-9700
In: International studies review, Band 7, Heft 3, S. 493-495
ISSN: 1468-2486
In: International studies review, Band 7, Heft 3, S. 493-495
ISSN: 1468-2486
In: Affari esteri: rivista trimestrale, Band 37, Heft 145, S. 141-148
ISSN: 0001-964X
In: Affari esteri: rivista trimestrale, Band 35, Heft 137, S. 172-177
ISSN: 0001-964X
In: Affari esteri: rivista trimestrale, Band 33, Heft 130, S. 416-421
ISSN: 0001-964X
In: Business and politics: B&P, Band 25, Heft 4, S. 495-516
ISSN: 1469-3569
AbstractWhat explains the variation in countries' propensity to engage in austerity policy? Economic and political country-level factors are the paramount explanations in the literature. Nevertheless, variation in fiscal preferences at the executive level remains underexplored, except for ideology. Moreover, budget decisions are endogenous to the state of the economy, thus casting doubt on standard measures based on the debt and/or deficit ratio. This article contributes to the literature in two ways. First, I turn to the individual level of analysis and suggest that leaders with business experience are more likely to pursue a balanced budget and tend to implement fiscal consolidation policies based on spending cuts. Second, I ease concerns about individuals' self-selection into office by relying on fiscal adjustments that are weakly orthogonal to the economic cycle. The statistical analysis of a panel of 17 OECD countries between 1978 and 2014 confirms the theoretical expectations. The results are robust to a variety of specification and statistical methodologies and hold for a subset of as-if random leadership transitions following close elections. A case study of Brian Mulroney's governments in Canada (1984–93) further illustrates the argument.
In: Affari esteri: rivista trimestrale, Band 45, Heft 170, S. 74-87
ISSN: 0001-964X
In: Europa Europe: rivista bimestrale, Band 9, Heft 4-5, S. 116-134
In: Music & politics, Band X, Heft 1
ISSN: 1938-7687
In: Italian Political Science Review: Rivista italiana di scienza politica, Band 35, Heft 3, S. 569-571
ISSN: 0048-8402
In: Affari esteri: rivista trimestrale, Band 36, Heft 143, S. 561-572
ISSN: 0001-964X
In: Military technology: Miltech, Band 22, Heft 11, S. 60-64
ISSN: 0722-3226
World Affairs Online
In: Italian Political Science Review: Rivista italiana di scienza politica, Band 37, Heft 3, S. 491-492
ISSN: 0048-8402
In: Italian Political Science Review: Rivista italiana di scienza politica, Band 37, Heft 1, S. 158-161
ISSN: 0048-8402