The Political Economy of Fiscal Policy Public Deficits, Volatility, and Growth

One of the most striking macroeconomic developments during the last three decades is the rise and persistence of large fiscal deficits in a number of countries. Despite recent major fiscal reforms around the world, many countries suffer from recurrent large fiscal imbalances that often reflect lack...

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Bibliographic Details
Main Author: Woo, Jaejoon
Format: eBook
Published: Berlin, Heidelberg Springer Berlin Heidelberg 2006, 2006
Edition:1st ed. 2006
Series:Lecture Notes in Economics and Mathematical Systems
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
Table of Contents:
  • Fiscal Deficit, Fiscal Volatility and Growth: Social Polarization
  • Inflation, Composition of Deficit Finance, and Social Polarization
  • Social Polarization, Industrialization, and Fiscal Instability
  • Economic, Political, and Institutional Determinants of Public Deficits
  • Growth, Income Inequality, and Fiscal Volatility: Empirical Evidence