Austerity and Elections /

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 evidence. This paper revisits the issue using action-based, real-time, ex-ante measures of fiscal austerity a...

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Bibliographic Details
Main Author: Alesina, Alberto
Other Authors: Ciminelli, Gabriele, Furceri, Davide, Saponaro, Giorgio
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2021.
Series:IMF Working Papers; Working Paper ; No. 2021/121
Subjects:
Online Access:Full text available on IMF