Publicação
US fiscal dynamics in political perspective
| datacite.subject.fos | Ciências Sociais::Economia e Gestão | pt_PT |
| dc.contributor.advisor | Tavares, José | |
| dc.contributor.author | Pereira, Jaime Simões Duarte Marques | |
| dc.date.accessioned | 2016-02-18T16:04:42Z | |
| dc.date.available | 2017-01-30T01:30:11Z | |
| dc.date.issued | 2016-01 | |
| dc.description.abstract | Given the importance of fiscal balance for ensuring a sustainable fiscal policy, we conduct an empirical examination of fiscal dynamics in the United States in response to unsustainable budget deviations. We concentrate on the role of political factors, namely the Republican - Democrat presidential divide, in determining the fiscal response to budget disequilibria. Making use of an asymmetric cointegration framework, we explore politically motivated fiscal asymmetries in the US, from Eisenhower to Obama. We conclude that political factors such as the government’s political quadrant and the timing of elections are important determinants of the fiscal response to unsustainable budget deviations. | pt_PT |
| dc.identifier.tid | 201475839 | |
| dc.identifier.uri | http://hdl.handle.net/10362/16486 | |
| dc.language.iso | eng | pt_PT |
| dc.subject | Fiscal | pt_PT |
| dc.subject | Political | pt_PT |
| dc.subject | Cointegration | pt_PT |
| dc.subject | Asymmetric | pt_PT |
| dc.title | US fiscal dynamics in political perspective | pt_PT |
| dc.type | master thesis | |
| dspace.entity.type | Publication | |
| rcaap.rights | restrictedAccess | pt_PT |
| rcaap.type | masterThesis | pt_PT |
| thesis.degree.name | A Work Project, presented as part of the requirements for the Award of a Masters Degree in Economics from the NOVA – School of Business and Economics | pt_PT |