Titlebook: Institutions, Politics and Fiscal Policy; Rolf R. Strauch,Jürgen Hagen Book 2000 Springer Science+Business Media New York 2000 European in

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Electoral and Partisan Manipulation of Public Debt in Developed Democracies, 1956–90nce 1980 while persistent cross-national differences represent 56.4% of the total variation. Even removing shared temporal fluctuations and country averages, considerable country-time-unique variation, 27% of the total, remains..

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A Case of Institutional Endogeneity? A Study of the Budgetary Reforms of the Government of Alberta, untries. Alesina and Perotti (1996) provide an overview of some of the issues. Most of these studies conclude that fiscal institutions and budgetary process do indeed have an impact on budgetary outcomes, and thus, by implication, on macroeconomic performance.

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1566-788X iversity, and CEPR The large and persistent deficits, rising levels of debt and growing levels of public spending observed in many DECO economies during the past 25 years have stimulated much theoretical and empirical research on the political economy of public finance. Although a number of issues h