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- Ohlsson, Henry,1956-Uppsala universitet,Nationalekonomiska institutionen (author)
Political cycles and cyclical policies
- Article/chapterEnglish1996
Publisher, publication year, extent ...
- JSTOR,1996
- printrdacarrier
Numbers
- LIBRIS-ID:oai:DiVA.org:uu-29034
- https://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-29034URI
- https://doi.org/10.2307/3440854DOI
Supplementary language notes
- Language:English
- Summary in:English
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Notes
- We test how government revenue and expenditure depend on ideology, elections and economic activity. We show how fiscal forecasts can be used to identify the determinants of government revenue and expenditure. The approach is illustrated using a unique, unpublished Swedish data set of fiscal forecasts and forecasts of economic activity. We find partisan effects, but no election effects. Revenue and expenditure, but also the fiscal surplus, are lower with right-wing governments. Fiscal policy has been countercyclical. Revenue varies positively with nominal earnings; expenditure varies negatively with real GDP.
Subject headings and genre
- SAMHÄLLSVETENSKAP Ekonomi och näringsliv Nationalekonomi hsv//swe
- SOCIAL SCIENCES Economics and Business Economics hsv//eng
- Nationalekonomi
- Economics
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- Vredin, Anders (author)
- Uppsala universitetNationalekonomiska institutionen (creator_code:org_t)
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- In:Scandinavian Journal of Economics: JSTOR98:2, s. 203-2180347-05201467-9442
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