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‘Leaning against an open door’: ideology and the cyclicality of public expenditure

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‘Leaning against an open door’ : ideology and the cyclicality of public expenditure. / Abbott, Andrew James; Jones, Philip.

In: Journal of Policy Modeling, Vol. 36, No. 6, 16.10.2014, p. 957-969.

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Abbott, Andrew James ; Jones, Philip. / ‘Leaning against an open door’ : ideology and the cyclicality of public expenditure. In: Journal of Policy Modeling. 2014 ; Vol. 36, No. 6. pp. 957-969.

Bibtex

@article{08c3ecb3e3eb4192b3c9875164043411,
title = "{\textquoteleft}Leaning against an open door{\textquoteright}: ideology and the cyclicality of public expenditure",
abstract = "When is government expenditure likely to be procyclical? While economists tend to anticipate counter-cyclical expenditure, recent studies report procyclical expenditure. This paper explores the impact of political ideology on the cyclicality of government expenditure. Predictions are tested with reference to government expenditure in the USA between 1950 and 2008. The likelihood of procyclical expenditure increases if groups that press for increased public expenditure are{\textquoteleft}…leaning against an open door{\textquoteright}.",
keywords = "Business Cycles, Fiscal Policy, Voracity Effects, Political Ideology",
author = "Abbott, {Andrew James} and Philip Jones",
year = "2014",
month = oct,
day = "16",
doi = "10.1016/j.jpolmod.2014.09.003",
language = "English",
volume = "36",
pages = "957--969",
journal = "Journal of Policy Modeling",
issn = "0161-8938",
publisher = "Elsevier",
number = "6",

}

RIS

TY - JOUR

T1 - ‘Leaning against an open door’

T2 - ideology and the cyclicality of public expenditure

AU - Abbott, Andrew James

AU - Jones, Philip

PY - 2014/10/16

Y1 - 2014/10/16

N2 - When is government expenditure likely to be procyclical? While economists tend to anticipate counter-cyclical expenditure, recent studies report procyclical expenditure. This paper explores the impact of political ideology on the cyclicality of government expenditure. Predictions are tested with reference to government expenditure in the USA between 1950 and 2008. The likelihood of procyclical expenditure increases if groups that press for increased public expenditure are‘…leaning against an open door’.

AB - When is government expenditure likely to be procyclical? While economists tend to anticipate counter-cyclical expenditure, recent studies report procyclical expenditure. This paper explores the impact of political ideology on the cyclicality of government expenditure. Predictions are tested with reference to government expenditure in the USA between 1950 and 2008. The likelihood of procyclical expenditure increases if groups that press for increased public expenditure are‘…leaning against an open door’.

KW - Business Cycles

KW - Fiscal Policy

KW - Voracity Effects

KW - Political Ideology

U2 - 10.1016/j.jpolmod.2014.09.003

DO - 10.1016/j.jpolmod.2014.09.003

M3 - Journal article

VL - 36

SP - 957

EP - 969

JO - Journal of Policy Modeling

JF - Journal of Policy Modeling

SN - 0161-8938

IS - 6

ER -