Abstract: The Stability Growth Pact and the 3% rule did not prevent countries from running large deficits. Countries in the EMU administrate fiscal policies differently, despite the existence of a common quantitative goal. The main focus of this work project is to study differences in the fiscal dynamics of eight EMU countries and assess the role of political variables in shaping those dynamics. We find that elections negatively affect government revenue in Austria, Belgium, Portugal, Spain and Germany. Expenditure, on the other hand, responds positively to incoming elections in Portugal, Italy, France and Netherlands, and negatively in the case of Germany
This thesis builds on the literature on Political Budget Cycles by analyzing the composition of such...
Fiscal balances have deteriorated quickly in recent years, bringing back to the foreground the quest...
This study intends to provide an empirical answer to the question of whether Maastricht and SGP fisc...
This paper provides evidences of the electoral influence on fiscal policy in the Eurozone countries....
This paper examines whether there is a political budget cycle (PBC) in countries in the euro area. U...
We examine the impact of four factors on the fiscal policies of the euro-area countries over the las...
The main focus of this paper is the relation between the cyclical components of total revenues and e...
This paper examines if the European integration process, by transferring policy instruments to supra...
Most of literature, that investigates decisions of fiscal policies, concentrates on the creation and...
We assess the fiscal behaviour in the European Union countries for the period 1990-2005 via the resp...
This article examines whether there is a political budget cycle (PBC) in countries in the euro area....
This article examines whether there is a political budget cycle (PBC) in countries in the euro area....
This paper tests fiscal sustainability by analysing stationarity and cointegration between public ex...
This paper explores the political and economic determinants of fiscal adjustment strategies in the E...
This paper investigates the impact of elections on the level and composition of fiscal instruments u...
This thesis builds on the literature on Political Budget Cycles by analyzing the composition of such...
Fiscal balances have deteriorated quickly in recent years, bringing back to the foreground the quest...
This study intends to provide an empirical answer to the question of whether Maastricht and SGP fisc...
This paper provides evidences of the electoral influence on fiscal policy in the Eurozone countries....
This paper examines whether there is a political budget cycle (PBC) in countries in the euro area. U...
We examine the impact of four factors on the fiscal policies of the euro-area countries over the las...
The main focus of this paper is the relation between the cyclical components of total revenues and e...
This paper examines if the European integration process, by transferring policy instruments to supra...
Most of literature, that investigates decisions of fiscal policies, concentrates on the creation and...
We assess the fiscal behaviour in the European Union countries for the period 1990-2005 via the resp...
This article examines whether there is a political budget cycle (PBC) in countries in the euro area....
This article examines whether there is a political budget cycle (PBC) in countries in the euro area....
This paper tests fiscal sustainability by analysing stationarity and cointegration between public ex...
This paper explores the political and economic determinants of fiscal adjustment strategies in the E...
This paper investigates the impact of elections on the level and composition of fiscal instruments u...
This thesis builds on the literature on Political Budget Cycles by analyzing the composition of such...
Fiscal balances have deteriorated quickly in recent years, bringing back to the foreground the quest...
This study intends to provide an empirical answer to the question of whether Maastricht and SGP fisc...