Government Spending, Legislature Size, and the Executive Veto /
Recent work on the political economy of fiscal policy has asked how budgetary institutions affect fiscal outcomes. But what determines the budgetary institutions? In this paper I consider one such institution: the executive veto. A simple theoretical framework predicts that jurisdictions with more p...
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| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2001.
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| Series: | IMF Working Papers; Working Paper ;
No. 2001/208 |
| Online Access: | Full text available on IMF |
| Summary: | Recent work on the political economy of fiscal policy has asked how budgetary institutions affect fiscal outcomes. But what determines the budgetary institutions? In this paper I consider one such institution: the executive veto. A simple theoretical framework predicts that jurisdictions with more political actors spending from a common pool of tax resources will choose to empower their executives. Using an econometric framework to identify the exogenous variation in the number of districts, I present evidence from a cross-section of local governments in the United States that jurisdictions with more electoral districts are likely to have executives with veto powers. |
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| Item Description: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Physical Description: | 1 online resource (30 pages) |
| Format: | Mode of access: Internet |
| ISSN: | 1018-5941 |
| Access: | Electronic access restricted to authorized BRAC University faculty, staff and students |