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Politics and Fiscal Policy

Author

Listed:
  • Lockwood, B.
  • Philippopoulos, A.

Abstract

This paper presents a two-party dynamic model of optimal fiscal policy which integrates stabilizing electroral and partisan motives.

Suggested Citation

  • Lockwood, B. & Philippopoulos, A., 1997. "Politics and Fiscal Policy," DEOS Working Papers 0097-04, Athens University of Economics and Business.
    • Handle: RePEc:aue:wpaper:0097-04
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    Citations

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    Cited by:

    1. Athanasios Tagkalakis, 2014. "Discretionary fiscal policy and economic activity in Greece," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 41(4), pages 687-712, November.
    2. Georgios Chortareas & Vassilis E. Logothetis & Andreas A. Papandreou, 2017. "Political cycles in Greece’s municipal employment," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 20(4), pages 321-342, October.
    3. Landon, Stuart & Smith, Constance, 2017. "Does the design of a fiscal rule matter for welfare?," Economic Modelling, Elsevier, vol. 63(C), pages 226-237.
    4. George Petrakos & Konstantinos Rontos & Luca Salvati & Chara Vavoura & Ioannis Vavouras, 2022. "Toward a political budget cycle? Unveiling long-term latent paths in Greece," Quality & Quantity: International Journal of Methodology, Springer, vol. 56(5), pages 3379-3394, October.

    More about this item

    Keywords

    BUSINESS CYCLES ; FISCAL POLICY;

    JEL classification:

    • H10 - Public Economics - - Structure and Scope of Government - - - General
    • H60 - Public Economics - - National Budget, Deficit, and Debt - - - General
    • H70 - Public Economics - - State and Local Government; Intergovernmental Relations - - - General

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