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Political decision makers and their relevance for public finances

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Publisher:
 2013

Summary

Politische Erfolge und Misserfolge werden in der öffentlichen Debatte oft einzelnen Politikern und deren Kompetenz zugeschrieben. Für die Fiskalpolitik liegt nun eine erste umfassende Untersuchung vor, welche die Relevanz der politischen Entscheidungsträger und ihres persönlichen Hintergrunds für die öffentlichen Finanzen analysiert.

Die empirische Analyse basiert auf drei neuartigen Datensätzen, welche die Fiskaldaten von Kommunen, Bundesländern und EU-Staaten mit den Biographien der jeweiligen Entscheidungsträger verknüpfen. So wird der Einfluss der persönlichen Qualifikation (u.a. Bildungs- und Berufshintergrund) und Präferenzen (u.a. Parteizugehörigkeit) auf die Entwicklung der öffentlichen Finanzen untersucht.



Bibliographic data

Edition
1/2013
Copyright year
2013
ISBN-Print
978-3-8487-0814-7
ISBN-Online
978-3-8452-5005-2
Publisher
Nomos, Baden-Baden
Series
Neue Studien zur Politischen Ökonomie
Volume
13
Language
English
Pages
167
Product type
Book Titles

Table of contents

ChapterPages
  1. Titelei/Inhaltsverzeichnis No access Pages 2 - 9 Sebastian Thomasius
  2. List of figures No access Pages 10 - 10 Sebastian Thomasius
  3. List of tables No access Pages 11 - 12 Sebastian Thomasius
  4. List of abbreviations No access Pages 13 - 14 Sebastian Thomasius
    1. Motivation No access Pages 15 - 18 Sebastian Thomasius
    2. Contribution and main findings No access Pages 18 - 20 Sebastian Thomasius
    1. Candidate characteristics and election outcomes No access Pages 21 - 24 Sebastian Thomasius
      1. Economic policy and economic growth No access Pages 24 - 24 Sebastian Thomasius
      2. Monetary policy No access Pages 24 - 26 Sebastian Thomasius
      3. Spending priorities and public good provision No access Pages 26 - 27 Sebastian Thomasius
      4. Changes in the form of government No access Pages 27 - 27 Sebastian Thomasius
      5. Corporate performance No access Pages 27 - 27 Sebastian Thomasius
      1. Theoretical considerations No access Pages 27 - 28 Sebastian Thomasius
      2. Empirical evidence No access Pages 28 - 32 Sebastian Thomasius
    1. Introduction No access Pages 33 - 36 Sebastian Thomasius
      1. Politics and public finances at the local level in Germany No access Pages 36 - 37 Sebastian Thomasius
      2. Description of our data set No access Pages 37 - 40 Sebastian Thomasius
      1. Sharp regression discontinuity design No access Pages 40 - 44 Sebastian Thomasius
      2. Fuzzy regression discontinuity design No access Pages 44 - 45 Sebastian Thomasius
      1. Education and incumbency experience on electoral success No access Pages 45 - 48 Sebastian Thomasius
      2. Education and incumbency experience on fiscal outcomes No access Pages 48 - 52 Sebastian Thomasius
      3. Specific professions on fiscal outcomes No access Pages 52 - 55 Sebastian Thomasius
      4. Validity of the regression discontinuity design No access Pages 55 - 57 Sebastian Thomasius
    2. Conclusion No access Pages 57 - 58 Sebastian Thomasius
    3. A Appendix: Parametric and non-parametric implementation No access Pages 58 - 61 Sebastian Thomasius
    4. B Appendix: Figures and tables No access Pages 61 - 70 Sebastian Thomasius
    1. Introduction No access Pages 71 - 73 Sebastian Thomasius
      1. Germany's federal design and political parties No access Pages 73 - 74 Sebastian Thomasius
      2. Fiscal federalism in Germany No access Pages 74 - 76 Sebastian Thomasius
      3. Budgeting procedures in Germany No access Pages 76 - 76 Sebastian Thomasius
      1. Budgetary preferences of the finance minister No access Pages 76 - 78 Sebastian Thomasius
      2. Ability of the finance minister No access Pages 78 - 80 Sebastian Thomasius
      3. Traditional theories on budget deficits as control variables No access Pages 80 - 81 Sebastian Thomasius
      1. Model specification No access Pages 81 - 82 Sebastian Thomasius
      2. Description of the data set No access Pages 82 - 86 Sebastian Thomasius
      3. Estimation methods No access Pages 86 - 88 Sebastian Thomasius
      4. Estimation results No access Pages 88 - 94 Sebastian Thomasius
      5. Robustness checks No access Pages 94 - 97 Sebastian Thomasius
    2. Conclusion No access Pages 97 - 98 Sebastian Thomasius
    3. A Appendix No access Pages 98 - 100 Sebastian Thomasius
    1. Introduction No access Pages 101 - 103 Sebastian Thomasius
      1. Public finances and the finance minister's ability No access Pages 103 - 107 Sebastian Thomasius
      2. Public finances and the finance minister's preferences No access Pages 107 - 109 Sebastian Thomasius
      1. Specification of the econometric model No access Pages 109 - 111 Sebastian Thomasius
      2. Description of the data set No access Pages 111 - 116 Sebastian Thomasius
      1. Results related to the finance minister's ability No access Pages 116 - 124 Sebastian Thomasius
      2. Results related to the finance minister's preferences No access Pages 124 - 125 Sebastian Thomasius
      3. Robustness checks No access Pages 125 - 128 Sebastian Thomasius
    2. Conclusion No access Pages 128 - 130 Sebastian Thomasius
    3. A Appendix No access Pages 130 - 136 Sebastian Thomasius
    1. Main results and contribution No access Pages 137 - 141 Sebastian Thomasius
      1. Different results and fiscal institutions and attitudes No access Pages 141 - 143 Sebastian Thomasius
      2. Different empirical methods No access Pages 143 - 144 Sebastian Thomasius
    2. Policy implications No access Pages 144 - 145 Sebastian Thomasius
    3. Further research No access Pages 145 - 146 Sebastian Thomasius
    4. Concluding remarks No access Pages 146 - 148 Sebastian Thomasius
  5. References No access Pages 149 - 158 Sebastian Thomasius
  6. Kurzfassung in deutscher Sprache No access Pages 159 - 167 Sebastian Thomasius

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