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Political Budget Cycles: Evidences from European Union

English, German · Paperback / Softback

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Description

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The main purpose of the current book is both to verify and extend the literature by studying the phenomenon of the Political Budget Cycles (PBC) in several democratic countries as well as the European member countries. In particular, panel data for 29 different countries from 1975 have been used. The current research studies the correlation between the election year and the fiscal deficit for all the economies in the sample. I found that there exists a positive correlation between the fiscal deficit and the year of the election. On average, during the election period the deficit increases by 48% in the countries of the sample. In addition, the PBC has been studied for both the EU and Eurozone member countries. As you read this work, it is important to keep in mind the immortal words of Pericles (495-429 B.C): '' Those who are politically apathetic can only survive if they are supported by people who are capable of taking action.''

About the author










Mr. Dionysios Karavidas has received both his Bachelor and Master degrees in Economics from University of Cyprus. He has, also, obtained his Master in Economic Analysis from Universidad Carlos 3 de Madrid in Spain. He is currently Ph.D candidate at Kiel University in Germany.

Product details

Authors Dionysios Karavidas
Publisher LAP Lambert Academic Publishing
 
Languages English, German
Product format Paperback / Softback
Released 01.01.2014
 
EAN 9783659606236
ISBN 978-3-659-60623-6
No. of pages 68
Dimensions 150 mm x 220 mm x 3 mm
Weight 107 g
Subject Social sciences, law, business > Political science > Politics and business

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