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• W3037260402 startingPage "101911" @default.
• W3037260402 abstract "Using annual data for 60 countries over 1980–2014, we study the drivers of fiscal adjustments, expansions, and their duration. In contrast to most previous studies, the identification of these fiscal events relies on breaks in their data generating process. Our findings suggest that a few political and institutional variables play a role in determining the occurrence and the duration of fiscal adjustments and expansions. The results also highlight the importance of analyzing the likelihood of fiscal events together with their persistence. Factors that do not affect the occurrence of fiscal adjustments or expansions may influence their persistence once initiated." @default.
• W3037260402 created "2020-07-02" @default.
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• W3037260402 date "2020-09-01" @default.
• W3037260402 modified "2023-10-18" @default.
• W3037260402 title "The political and institutional determinants of fiscal adjustments and expansions: Evidence for a large set of countries" @default.
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• W3037260402 doi "https://doi.org/10.1016/j.ejpoleco.2020.101911" @default.
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