Arbeitspapier
Institutional constraints to political budget cycles in the enlarged EU
This paper revisits Political Budget Cycles (PBCs) in the enlarged European Union (EU). Based on a panel of 25 current EU member states from 1996 to 2012, we show that governments frequently fiscally stimulate the economy prior to elections; a phenomenon that is seemingly not only an 'Eastern problem' of the EU's new members, as has been suggested in the literature. We argue that fiscal institutions are apt to reduce the extent of opportunistic fiscal behaviour both in these younger democracies as well as in other EU member states that lack a strong press to hold governments accountable. Yet, we conclude that in order to eradicate PBCs in the enlarged EU, a powerful press remains key.
- Sprache
-
Englisch
- Erschienen in
-
Series: Kiel Working Paper ; No. 1964
- Klassifikation
-
Wirtschaft
- Thema
-
Central and Eastern Europe
Enlargement
Fiscal Institutions
Political Budget Cycles
Press Freedom
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Ademmer, Esther
Dreher, Ferdinand
- Ereignis
-
Veröffentlichung
- (wer)
-
Kiel Institute for the World Economy (IfW)
- (wo)
-
Kiel
- (wann)
-
2014
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Ademmer, Esther
- Dreher, Ferdinand
- Kiel Institute for the World Economy (IfW)
Entstanden
- 2014
Ähnliche Objekte (12)
Institutional constraints to political budget cycles in the enlarged EU
Political Business Cycles, Institutional Structure and Budget Deficits in Turkey
The institutional accomodation of an enlarged Europe
Synchronisation of business cycles in the enlarged European Union
Institutional Constraints on Southeasteuropean Development
Institutional constraints on Philippine growth
Fiscal policies and business cycles in an enlarged euro area
Transmission channels of business cycles synchronization in an enlarged EMU
Governing the Enlarged European Union : Accession Scenarios and Institutional Reform
Innovation, institutional ownership and financial constraints
Innovation, institutional ownership, and financial constraints
Cambodia: Rapid Growth with Institutional Constraints
Institutional constraints to political budget cycles in the enlarged EU
Political Business Cycles, Institutional Structure and Budget Deficits in Turkey
The institutional accomodation of an enlarged Europe
Synchronisation of business cycles in the enlarged European Union
Institutional Constraints on Southeasteuropean Development
Institutional constraints on Philippine growth
Fiscal policies and business cycles in an enlarged euro area
Transmission channels of business cycles synchronization in an enlarged EMU
Governing the Enlarged European Union : Accession Scenarios and Institutional Reform
Innovation, institutional ownership and financial constraints
Innovation, institutional ownership, and financial constraints
Cambodia: Rapid Growth with Institutional Constraints
Institutional constraints to political budget cycles in the enlarged EU
Political Business Cycles, Institutional Structure and Budget Deficits in Turkey
The institutional accomodation of an enlarged Europe
Synchronisation of business cycles in the enlarged European Union
Institutional Constraints on Southeasteuropean Development
Institutional constraints on Philippine growth
Fiscal policies and business cycles in an enlarged euro area
Transmission channels of business cycles synchronization in an enlarged EMU
Governing the Enlarged European Union : Accession Scenarios and Institutional Reform
Innovation, institutional ownership and financial constraints
Innovation, institutional ownership, and financial constraints