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Political budget cycles and democratization in Latin America, 1973-2008
(Centro de Estudos de Política e Economia do Setor Público (CEPESP), 2010)
We test for political budget cycles in a panel of eighteen Latin American democracies from 1973 to 2008. Recent studies have argued that the pattern of deficit cycles in a large cross-section of countries is driven by the ...
Political budget cycles in a fiscal federation : the effect of partisan voluntary transfers
(Escola de Pós-Graduação em Economia da FGV, 2006-04-27)
This article first presents an econometric study suggesting that intergovernmental transfers to Brazilian municipalities are strongly partisan motivated. In light of that stylized fact, it develops an extension to Rogoff ...
Do political budget cycles differ in Latin American democracies?
(2010)
We test for political budget cycles in a panel of eighteen Latin American democracies from 1973 to 2008. Recent studies have argued that the pattern of deficit cycles in a large cross-section of countries is driven by the ...
Signaling in political budget cycles: How far are you willing to go?
(Escola de Pós-Graduação em Economia da FGV, 2002-02-07)
This paper analyzes how heterogeneity in two dimensions, competency and character, a¤ects political budget cycles. Competency is the e¢ciency in running the government. Character is the degree of opportunism. In this ...
The Political Cycle and the Mexican Economy-Edición Única
(Instituto Tecnológico y de Estudios Superiores de Monterrey, 2015)
Opportunistic political cycles and social spending: an examination of transition and consolidated democracies in Latin America
(2009)
In this paper, we show that education, health and social security expenditures did not increase during elections. Based on a panel of fifteen Latin American democracies from 1973 to 2000, we show that there are important ...
Political budget cycles and voting within a federal country: the influence of political alignment
(Wiley, 2020-07)
We study how distributive politics affects political budget cycles and voting within a federal country. Our model predicts not only that the president favors politically aligned governors with larger transfers, but also ...
Political budget cycles or voters as fiscal conservatives? : evidence from Colombia
(Universidad de los Andes, Facultad de Economía, CEDE, 2005)
Theoretical models of the political budget cycle suggest that electoral manipulation of government expenditures can take the form of changes in the composition of spending, without impacting the overall budget or the ...
Fiscal conservatism in a new democracy: 'sophisticated' versus 'naive' voters
(Elsevier Science Sa, 2009-02)
We use data from gubernatorial elections in Brazil to test the electoral reactions of 'sophisticated' and ''naive' voters to fiscal surpluses. Our results complement Brender and Drazen [Brender, Adi, and Drazen, A., (2005b), ...
Political budget cycles, reelection, and term limits
(Universidad de San Andrés. Departamento de Economía, 1999-03)