Measuring US Presidents’ Political Commitment for Fiscal Discipline Between 1920 and 2008
Francesc Pujol
Chapter Chapter 6 in Do They Walk Like They Talk?, 2009, pp 83-107 from Springer
Abstract:
Abstract We propose a theoretical method to catch politicians' fiscal attitude concerning deficits and debt based on the analysis of the political discourse. We describe the methodological steps used to obtain it. The methodology is applied to the case of US President during the period 1920–2008. The results can be exploited in order to better understand the formation and the evolution of fiscal preferences and their influence on fiscal performance. As the index is based on normative and positive attitudes about deficits, their analysis can show the presence of strategic political behavior, giving thus a way to test some theoretical models on budgetary political behavior.
Keywords: Fiscal Policy; Public Debt; Political Discourse; Golden Rule; Balance Budget (search for similar items in EconPapers)
Date: 2009
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Working Paper: Measuring US Presidents Political Commitment for Fiscal Discipline between 1920 and 2008 (2009) 
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Persistent link: https://EconPapers.repec.org/RePEc:spr:stpchp:978-0-387-89672-4_6
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DOI: 10.1007/978-0-387-89672-4_6
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