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1990
This paper analyzes a model in which a group of rational individuals votes over the composition and time profile of public spending. All voters agree that a balanced budget is ex ante optimaL However, if there is disagreement between current and future majorities, a balanced budget is not a political equilibrium under majority rule.
Alesina, Alberto, TABELLINI, GUIDO
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This paper analyzes a model in which a group of rational individuals votes over the composition and time profile of public spending. All voters agree that a balanced budget is ex ante optimaL However, if there is disagreement between current and future majorities, a balanced budget is not a political equilibrium under majority rule.
Alesina, Alberto, TABELLINI, GUIDO
openaire +1 more source
Exploring Government Budget Deficit and Economic Growth: Evidence from Vietnam's Economic Miracle
Asian Affairs, 2015Tatchalerm Sudhipongpracha
exaly
Framing and the Public Agenda: Media Effects on the Importance of the Federal Budget Deficit
Political Communication, 1998Amy E Jasperson
exaly
Does local governments’ budget deficit push up housing prices in China?
China Economic Review, 2015Guiying Laura Wu, Qu Feng, Pei Li
exaly