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The Political Economy of Fiscal Decisions. The Strategic Role of Public Debt.
Jessica de Wolff
€ 65.15
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Description for The Political Economy of Fiscal Decisions. The Strategic Role of Public Debt.
Paperback. This text examines fiscal decisions made by governments, the strategic use of debt by governments in order to stay in power, and the relationship between fiscal decisions and the political structure and beliefs of the population. Series: Contributions to Economics. Num Pages: 150 pages, 7 black & white illustrations, 2 black & white tables, biography. BIC Classification: KCP; KFFD. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 235 x 155 x 9. Weight in Grams: 550.
A ruling party decides each of two periods on the level of public goods which it finances by means of taxation and internal debt. The debt has to be honoured by the government of the second period. Between the two periods elections take place, which may change the ruling party.
The book analyzes the fiscal decision of the first government which aims to maximize the long run utility of its representative voter. Conditions under which the government uses debt strategically in order to stay in power are identified. It is also shown how the fiscal decisions hinge on the populations' ... Read more
A ruling party decides each of two periods on the level of public goods which it finances by means of taxation and internal debt. The debt has to be honoured by the government of the second period. Between the two periods elections take place, which may change the ruling party.
The book analyzes the fiscal decision of the first government which aims to maximize the long run utility of its representative voter. Conditions under which the government uses debt strategically in order to stay in power are identified. It is also shown how the fiscal decisions hinge on the populations' ... Read more
Product Details
Format
Paperback
Publication date
1998
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
150
Condition
New
Series
Contributions to Economics
Number of Pages
150
Place of Publication
Heidelberg, Germany
ISBN
9783790811308
SKU
V9783790811308
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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