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Sebastian Thomasius - Political decision makers and their relevance for public finances

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Sebastian Thomasius

Political decision makers and their relevance for public finances

Series: Neue Studien zur Politischen Ökonomie

Volume 13 2013

Results in this title

Titelei/Inhaltsverzeichnis S. 2-9

List of figures S. 10

List of tables S. 11-12

List of abbreviations S. 13-14

Motivation S. 15-18

Contribution and main findings S. 18-20

Candidate characteristics and election outcomes S. 21-24

Economic policy and economic growth S. 24

Monetary policy S. 24-26

Spending priorities and public good provision S. 26-27

Changes in the form of government S. 27

Corporate performance S. 27

Theoretical considerations S. 27-28

Empirical evidence S. 28-32

Introduction S. 33-36

Politics and public finances at the local level in Germany S. 36-37

Description of our data set S. 37-40

Sharp regression discontinuity design S. 40-44

Fuzzy regression discontinuity design S. 44-45

Education and incumbency experience on electoral success S. 45-48

Education and incumbency experience on fiscal outcomes S. 48-52

Specific professions on fiscal outcomes S. 52-55

Validity of the regression discontinuity design S. 55-57

Conclusion S. 57-58

A Appendix: Parametric and non-parametric implementation S. 58-61

B Appendix: Figures and tables S. 61-70

Introduction S. 71-73

Germany's federal design and political parties S. 73-74

Fiscal federalism in Germany S. 74-76

Budgeting procedures in Germany S. 76

Budgetary preferences of the finance minister S. 76-78

Ability of the finance minister S. 78-80

Traditional theories on budget deficits as control variables S. 80-81

Model specification S. 81-82

Description of the data set S. 82-86

Estimation methods S. 86-88

Estimation results S. 88-94

Robustness checks S. 94-97

Conclusion S. 97-98

A Appendix S. 98-100

Introduction S. 101-103

Public finances and the finance minister's ability S. 103-107

Public finances and the finance minister's preferences S. 107-109

Specification of the econometric model S. 109-111

Description of the data set S. 111-116

Results related to the finance minister's ability S. 116-124

Results related to the finance minister's preferences S. 124-125

Robustness checks S. 125-128

Conclusion S. 128-130

A Appendix S. 130-136

Main results and contribution S. 137-141

Different results and fiscal institutions and attitudes S. 141-143

Different empirical methods S. 143-144

Policy implications S. 144-145

Further research S. 145-146

Concluding remarks S. 146-148

References S. 149-158

Kurzfassung in deutscher Sprache S. 159-167

doi.org/10.5771/9783845250052

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