 | Electoral System and Public Spending Author/Editor: Roberto Perotti, Massimo V. Rostagno, Gian Milesi-Ferretti. Release Date:March, 2001 We study the effects of electoral institutions on the size and composition of public expenditure in OECD and Latin American countries. We present a model emphasizing the distinction between purchases more...
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| Fiscal Adjustments in OECD Countries : Composition and Macroeconomic Effects Author/Editor: Alberto Alesina, Roberto Perotti. Release Date:July, 1996 This paper studies how the composition of fiscal adjustments influences their likelihood of “success”, defined as a long lasting deficit reduction, and their macroeconomic more...
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| Budget Deficits and Budget Institutions Author/Editor: Alberto Alesina, Roberto Perotti. Release Date:May, 1996 By discussing the available theoretical and empirical literature, this paper argues that budget procedures and budget institutions do influence budget outcomes. Budget institutions include both more...
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| The Political Economy of Budget Deficits Author/Editor: Alberto Alesina, Roberto Perotti. Release Date:August, 1994 This paper provides a critical survey of the literature on politico-institutional determinants of the government budget. We organize our discussion around two questions: Why did certain OECD more...
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