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Budget Balances (Deficits and Surpluses) for 54 Middle Income Countries From 1976-2007 (ICPSR 29341)
This study examines whether opportunistic and partisan business cycles influence fiscal policy in 54 developing countries when controlling for de facto exchange rate regimes and capital mobility. With most exchange rate regimes, leftist parties are more likely to engage in expansionary fiscal policy, but are less likely to do so as capital mobility rises. With a rigidly fixed rate, however, leftist parties engage in more fiscal expansion with higher capital mobility. Unless an exchange rate is freely falling, an election is more likely to encourage fiscal expansion when capital mobility is high.
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Hall, Michael G. Budget Balances (Deficits and Surpluses) for 54 Middle Income Countries From 1976-2007. ICPSR29341-v1. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2010-09-27. http://doi.org/10.3886/ICPSR29341.v1
Persistent URL: http://doi.org/10.3886/ICPSR29341.v1
This study was funded by:
- Wichita State University. Office of Research Administration (U10105)
Scope of Study
A zipped package contains a syntax and system file (in Excel and Stata format), which includes the data, tables, and figures needed to replicate the results of the study.
These data are part of ICPSR's Publication-Related Archive and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigators if further information is desired.
Sample: Henisz, Witold J. (2000) "The Institutional Environment for Multinational Investment," Journal of Law, Economics and Organization 16(2),334-364. International Monetary Fund (various years) Annual Report on Exchange Arrangements and Exchange Restrictions. Washington, DC: International Monetary Fund. International Monetary Fund (various years) International Financial Statistics. Washington, DC: International Monetary Fund. Marshall, Monty and Keith Jaggers (2005) Polity IV Project. Arlington, VA: George Mason University. Reinhart, Carmen, and Kenneth Rogoff (2004) "The Modern History of Exchange Rate Arrangements: A Reinterpretation" Quarterly Journal of Economics 119(1), 1-48. Available at http://www.wam.umd.edu/~creinhar/Papers.html. World Bank (various years) Database of Political Indicators. Washington, DC: World Bank. World Bank (various years) World Development Indicators. Washington, DC: World Bank.
Original ICPSR Release: 2010-09-27
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