Fiscal policy institutions and history

被引：0

作者：

Cuberes, David ^{[2
]}

Mountford, Andrew ^{[1
]}

机构：

[1] Univ London, Egham TW20 0EX, Surrey, England

[2] Univ Sheffield, Sheffield S10 2TN, S Yorkshire, England

来源：

ECONOMICS LETTERS | 2012年 / 115卷 / 03期

关键词：

Fiscal policy; Discretion; Institutions; State capacity; ORIGINS;

D O I：

10.1016/j.econlet.2011.12.062

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper shows that historical variables can explain a significant part of discretionary government spending across countries. We argue that these results provide evidence in favor of Besley and Persson's (2009) hypothesis that institutional quality or state capacity is historically determined and further that institutional quality determines, in part, economic policy. (C) 2011 Elsevier B.V. All rights reserved.

引用

页码：392 / 395

页数：4

共 50 条

[1] Fiscal stabilization policy and fiscal institutions
Leith, C
Wren-Lewis, S
OXFORD REVIEW OF ECONOMIC POLICY, 2005, 21 (04) : 584 - 597
[2] Institutions, politics and fiscal policy
Strauch, RR
von Hagen, J
INSTITUTIONS, POLITICS, AND FISCAL POLICY, 2000, 2 : VII - XIV
[3] FISCAL POLICY: INSTITUTIONS VERSUS RULES
Wyplosz, Charles
NATIONAL INSTITUTE ECONOMIC REVIEW, 2005, 191 (01) : 64 - 78
[4] Fiscal institutions, fiscal policy and sovereign risk premia in EMU
Hallerberg, Mark
Wolff, Guntram B.
PUBLIC CHOICE, 2008, 136 (3-4) : 379 - 396
[5] Fiscal institutions, fiscal policy and sovereign risk premia in EMU
Mark Hallerberg
Guntram B. Wolff
Public Choice, 2008, 136 : 379 - 396
[6] Budget institutions and fiscal policy in the US states
Poterba, JM
AMERICAN ECONOMIC REVIEW, 1996, 86 (02): : 395 - 400
[7] FISCAL POLICY, INSTITUTIONS AND GROWTH: NEW INSIGHTS
Nawaz, Saima
Khawaja, M. Idrees
SINGAPORE ECONOMIC REVIEW, 2019, 64 (05): : 1251 - 1278
[8] Promoting Counter-Cyclical Fiscal Policy: Fiscal Rules Versus Institutions
Kady Keita
Camelia Turcu
Comparative Economic Studies, 2023, 65 : 736 - 781
[9] Promoting Counter-Cyclical Fiscal Policy: Fiscal Rules Versus Institutions
Keita, Kady
Turcu, Camelia
COMPARATIVE ECONOMIC STUDIES, 2023, 65 (04) : 736 - 781
[10] Development, poverty and fiscal policy: Decentralisation of institutions.
Naqvi, NH
JOURNAL OF DEVELOPMENT STUDIES, 2003, 39 (03): : 206 - 208

← 1 2 3 4 5 →