Political budget cycles and media freedom

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• 作者：Francisco José ; Veiga^a ; ^{fjveiga@eeg.uminho.pt} ; Linda Gon&ccedil ; alves Veiga^a ; ^{linda@eeg.uminho.pt} ; Atsuyoshi Morozumi^b ; ^{Atsuyoshi.Morozumi@nottingham.ac.uk}
• 关键词：Political budget cycles ; Central government ; Voter information ; Media freedom ; Fiscal policy composition
• 刊名：Electoral Studies
• 出版年：2017
• 出版时间：February 2017
• 年：2017
• 卷：45
• 期：Complete
• 页码：88-99
• 全文大小：335 K
• 卷排序：45

文摘

The effects of elections on the conduct of central governments' fiscal policies are examined. Compares the relative importance of conditioning factors of political budget cycles. Media freedom is identified as the factor that plays the most critical role. Provides a micro-foundation for rational opportunistic cycles that rely on asymmetry of information. Evidence of election year increases in the current, not capital, component of public expenditure.