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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," Athens University of Economics and Business 97-04, Athens University of Economics and Business, Department of International and European Economic Studies.
    • Handle: RePEc:fth:athebu:97-04
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    Citations

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    Cited by:

    1. Landon, Stuart & Smith, Constance, 2017. "Does the design of a fiscal rule matter for welfare?," Economic Modelling, Elsevier, vol. 63(C), pages 226-237.
    2. 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.
    3. Berlina Kesuma Suci & Kyohei Yamada & Kodrat Wibowo, 2020. "Does Female Politician Affect Policy Outcomes in Indonesia?," Working Papers in Economics and Development Studies (WoPEDS) 202003, Department of Economics, Padjadjaran University, revised Jan 2020.
    4. 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.
    5. Makrydakis, Stelios & Tzavalis, Elias & Balfoussias, Athanassios, 1998. "Policy regime changes and the long-run sustainability of fiscal policy: an application to Greece," Economic Modelling, Elsevier, vol. 16(1), pages 71-86, January.
    6. 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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