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Budget Balances (Deficits and Surpluses) for 54 Middle Income Countries From 1976-2007 [electronic resource]

Michael G. Hall
Format
Computer Resource; Online
Published
Ann Arbor, Mich. Inter-university Consortium for Political and Social Research [distributor] 2010
Edition
2010-09-27
Language
English
Series
ICPSR
ICPSR (Series)
Access Restriction
AVAILABLE. This study is freely available to ICPSR member institutions.
Abstract
This study examines whether opportunistic and partisan business cycles influence fiscal policy in 54 developing countries when controlling for de facto exchange rate regimes and capital mobility. With most exchange rate regimes, leftist parties are more likely to engage in expansionary fiscal policy, but are less likely to do so as capital mobility rises. With a rigidly fixed rate, however, leftist parties engage in more fiscal expansion with higher capital mobility. Unless an exchange rate is freely falling, an election is more likely to encourage fiscal expansion when capital mobility is high.
Series Statement
ICPSR 29341
ICPSR (Series) 29341
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Also available as downloadable files.
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