‘Leaning against an open door’:ideology and the cyclicality of public expenditure

Abbott, Andrew James and Jones, Philip (2014) ‘Leaning against an open door’:ideology and the cyclicality of public expenditure. Journal of Policy Modeling, 36 (6). pp. 957-969. ISSN 0161-8938

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Abstract

When is government expenditure likely to be procyclical? While economists tend to anticipate counter-cyclical expenditure, recent studies report procyclical expenditure. This paper explores the impact of political ideology on the cyclicality of government expenditure. Predictions are tested with reference to government expenditure in the USA between 1950 and 2008. The likelihood of procyclical expenditure increases if groups that press for increased public expenditure are‘…leaning against an open door’.

Item Type:
Journal Article
Journal or Publication Title:
Journal of Policy Modeling
Uncontrolled Keywords:
/dk/atira/pure/subjectarea/aacsb/disciplinebasedresearch
Subjects:
Departments:
ID Code:
140499
Deposited By:
Deposited On:
20 Jan 2020 10:30
Refereed?:
Yes
Published?:
Published
Last Modified:
07 Apr 2020 06:46