Arbeitspapier

Political leaders' socioeconomic background and fiscal performance in Germany

This paper investigates whether the socioeconomic status of the head of government helps explain fiscal performance. Applying sociological research that attributes differences in people's ways of thinking and acting to their relative standing within society, we test whether the social status of German prime ministers can help explain differences in fiscal performance among the German Laender. Our empirical findings show that the tenures of prime ministers from a poorer socioeconomic background are associated with higher levels of public spending and debt financing.

Language
Englisch

Bibliographic citation
Series: MAGKS Joint Discussion Paper Series in Economics ; No. 41-2011

Classification
Wirtschaft
Policy Objectives; Policy Designs and Consistency; Policy Coordination
Fiscal Policy
Structure, Scope, and Performance of Government
State and Local Budget and Expenditures
Subject
leadership
socioeconomic status
fiscal policy
public spending
public deficit
Regierungschef
Sozialer Status
Finanzpolitik
Länderfinanzen
Deutschland

Event
Geistige Schöpfung
(who)
Hayo, Bernd
Neumeier, Florian
Event
Veröffentlichung
(who)
Philipps-University Marburg, Faculty of Business Administration and Economics
(where)
Marburg
(when)
2011

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Hayo, Bernd
  • Neumeier, Florian
  • Philipps-University Marburg, Faculty of Business Administration and Economics

Time of origin

  • 2011

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