Political cycle and fiscal policy in the countries of the European Union

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F13%3A00069168" target="_blank" >RIV/00216224:14560/13:00069168 - isvavai.cz</a>

Výsledek na webu

<a href="http://www.ekf.vsb.cz/export/sites/ekf/cerei/cs/Papers/VOL16NUM02PAP04.pdf" target="_blank" >http://www.ekf.vsb.cz/export/sites/ekf/cerei/cs/Papers/VOL16NUM02PAP04.pdf</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.7327/cerei.2013.06.04" target="_blank" >10.7327/cerei.2013.06.04</a>

Jazyk výsledku

čeština

Název v původním jazyce

Political cycle and fiscal policy in the countries of the European Union

Popis výsledku v původním jazyce

The effort of politicians in power to form the decision of voters through expansive fiscal policy in pre-election period is still actual topic. This article aims to determine whether governments in the European Union countries initiate the political-budget cycle. We analyze 23 EU member states in the period 1995?2008. We pay attention to four institutional factors which can contribute to the creation of the political-budget cycle: length of democracy, type of parliamentary elections, term of elections and ideology. We found out that the political-budget cycle was present throughhout the European Union countries in this period. The factor of the length of democracy had small impact on statistical significance of results. However, ideology turned out tobe the most important factor in our analysis. Current revenues were used as a tool of fiscal policy in the years of elections predominantly by ideologi-cally mixed governments.

Název v anglickém jazyce

Political cycle and fiscal policy in the countries of the European Union

Popis výsledku anglicky

The effort of politicians in power to form the decision of voters through expansive fiscal policy in pre-election period is still actual topic. This article aims to determine whether governments in the European Union countries initiate the political-budget cycle. We analyze 23 EU member states in the period 1995?2008. We pay attention to four institutional factors which can contribute to the creation of the political-budget cycle: length of democracy, type of parliamentary elections, term of elections and ideology. We found out that the political-budget cycle was present throughhout the European Union countries in this period. The factor of the length of democracy had small impact on statistical significance of results. However, ideology turned out tobe the most important factor in our analysis. Current revenues were used as a tool of fiscal policy in the years of elections predominantly by ideologi-cally mixed governments.

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2013

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Ekonomická revue

ISSN

1212-3951

e-ISSN

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Svazek periodika

16

Číslo periodika v rámci svazku

2

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

16

Strana od-do

93-108

Kód UT WoS článku

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EID výsledku v databázi Scopus

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