 | Austerity and Elections Author/Editor: Alberto Alesina, Gabriele Ciminelli, Davide Furceri, Giorgio Saponaro. Release Date:April, 2021 Conventional wisdom holds that voters punish governments that implement fiscal austerity. Yet, most empirical studies, which rely on ex-post yearly austerity measures, do not find supportive 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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