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  1. Political leaders' socioeconomic background and public deficits
    evidence from OECD countries
    Author: Hayo, Bernd; Neumeier, Florian
    Published: 2013
    Publisher:  Univ., Dep. of Business Administration & Economics, Marburg

    This paper empirically analyses the relationship between political leaders' socioeconomic backgrounds and public budget deficits utilising panel data on 21 OECD countries from 1980 to 2008. Building on sociological, as well as economic, research, we... more

    Location:
    Staats- und Universitätsbibliothek Bremen
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    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 102 (2013,8)
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    This paper empirically analyses the relationship between political leaders' socioeconomic backgrounds and public budget deficits utilising panel data on 21 OECD countries from 1980 to 2008. Building on sociological, as well as economic, research, we argue that the socioeconomic status of political decision-makers, i.e., presidents or prime ministers, is an important determinant of fiscal budget decisions. Our theory-consistent findings show that the tenures of lower-class leaders - i.e., leaders of low socioeconomic status - are associated with a deficit-to-GDP ratio which is 1.6 percentage points higher than that during tenures of upperclass leaders.

     
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    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/73139
    Edition: This version: 25 April 2013
    Series: Joint discussion paper series in economics ; 08-2013
    Subjects: Haushaltsdefizit; Regierungschef; Staatsoberhaupt; Sozialer Status; Intertemporale Entscheidung; Öffentlicher Haushalt; OECD-Staaten; budget deficit; political leaders; socioeconomic status; time preference
    Scope: Online-Ressource (37 S.), graph. Darst.
  2. Overall assessment of the two balance-of-payments assistance programmes for Romania
    2009 - 2013
    Published: 2013

    Over the last four years, the European Union has supported Romania in dealing with the financial and economic crisis and in laying the foundations for future growth. more

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    Niedersächsische Staats- und Universitätsbibliothek Göttingen
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    Location:
    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    Technische Informationsbibliothek (TIB) / Leibniz-Informationszentrum Technik und Naturwissenschaften und Universitätsbibliothek
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    EDZ online a
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    VS 294 (156)
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    Over the last four years, the European Union has supported Romania in dealing with the financial and economic crisis and in laying the foundations for future growth.

     
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    Volltext (kostenfrei)
    Volltext (kostenfrei)
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    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9789279293634
    Other identifier:
    Series: Array ; 156
    Subjects: balance of payments; economic recovery; budget deficit; balance of payments assistance; Romania
    Scope: Online-Ressource (125 S.), graph. Darst.