Politically driven cycles in fiscal policy: In depth analysis of the functional components of government expenditures

This article analyses the incidence of politically driven cycles on the functional components and sub-components of government expenditures over a group of 18 European countries during the period 1990-2012. An LSDVC estimator is employed in the empirical analysis. The results provide evidence of pol...

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Bibliographic Details
Main Authors: Vitor Castro, Rodrigo Martins
Format: Default Article
Published: 2017
Subjects:
Online Access:https://hdl.handle.net/2134/27487
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