TIME INCONSISTENCY AND FISCAL-POLICY - EMPIRICAL-ANALYSIS OF UNITED-STATES STATES, 1969-89

被引：45

作者：

CRAIN, WM ^{[1
]}

TOLLISON, RD ^{[1
]}

机构：

[1] GEORGE MASON UNIV,CTR STUDY PUBL CHOICE,FAIRFAX,VA 22030

来源：

JOURNAL OF PUBLIC ECONOMICS | 1993年 / 51卷 / 02期

关键词：

D O I：

10.1016/0047-2727(93)90081-4

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We offer an extensive and robust test of the time-inconsistency theory of fiscal politics. We employ data of U.S. states from 1969 to 1989, and the results of our tests indicate that variables such as legislative stability and executive term limits have strongly predictable impacts on the volatility of various measures of fiscal policy.

引用

页码：153 / 159

页数：7

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