Advanced search
Publication Cover
Applied Economics Letters Volume 20, 2013 - Issue 18
Submit an article Journal homepage
158
Views
2
CrossRef citations to date
0
Altmetric
Original Articles

When are fiscal adjustments successful? The role of social capital

Markus LeibrechtAustrian Institute of Economic Research, Arsenal Objekt 20, A-1030Vienna, AustriaCorrespondence[email protected]
&
Johann ScharlerDepartment of Economics, University of Innsbruck, Universitaetsstrasse 15, A-6020Innsbruck, Austria
Pages 1640-1643 | Published online: 23 Sep 2013

References

  • Alesina, A. and Ardagna, S. (2010) Large changes in fiscal policy: taxes versus spending, in Tax Policy and the Economy, Vol. 24. NBER Chapters. National Bureau of Economic Research, Inc, Cambridge, MA, pp. 35–68.
  • Alesina, A. and Ardagna, S. (2013) The design of fiscal adjustments, in Tax Policy and the Economy, Vol. 27. NBER Chapters. National Bureau of Economic Research, Inc, Cambridge, MA.
  • Ardagna, S. (2004) Fiscal stabilizations: when do they work and why, European Economic Review, 48, 1047–74.
  • Armingeon, K., Engler, S., Potolidis, P. et al. (2010) Comparative Political Data Set 1960–2008, Institute of Political Science, University of Berne, Berne.
  • Beck, T., Clarke, G., Groff, A. et al. (2001) New tools in comparative political economy: the database of political institutions, World Bank Economic Review, 15, 165–76.
  • Bjornskov, C. and Méon, P.-G. (2013) Is trust the missing root of institutions, education, and development?, Public Choice, doi: org/10.1007/s11127-013-0069-7.
  • Boix, C. and Posner, D. N. (1998) Social capital: explaining its origins and effects on government performance, British Journal of Political Science, 28, 686–93.
  • Devries, P., Guajardo, J., Leigh, D. et al. (2011) A new action-based dataset of fiscal consolidation, Working Paper 11/128, IMF.
  • Heinemann, F. and Tanz, B. (2008) The impact of trust on reforms, Journal of Economic Policy Reform, 11, 173–85.
  • Hernandez de Cos, P. and Moral-Benito, E. (2013) What drives a successful fiscal consolidation?, Applied Economics Letters, 20, 748–53.
  • Ilzetzki, E., Reinhart, C. and Rogoff, K. (2008) Exchange rate arrangements entering the 21st century: which anchor will hold?, mimeo.
  • Knack, S. and Keefer, P. (1997) Does social capital have an economic payoff? A cross-country investigation, The Quarterly Journal of Economics, 112, 1251–88.
  • Lambertini, L. and Tavares, J. (2005) Exchange rates and fiscal adjustments: evidence from the OECD and implications for the EMU, The B.E. Journal of Macroeconomics, 5, 1–30.
  • Nannicini, T., Stella, A., Tabellini, G. et al. (2013) Social capital and political accountability, American Economic Journal: Economic Policy, 5, 222–50.
  • Schaltegger, C. A. and Torgler, B. (2007) Government accountability and fiscal discipline: a panel analysis using swiss data, Journal of Public Economics, 91, 117–40.
  • Tavares, J. (2004) Does right or left matter? Cabinets, credibility and fiscal adjustments, Journal of Public Economics, 88, 2447–68.
  • Thöni, C., Tyran, J.-R. and Wengström, E. (2012) Microfoundations of social capital, Journal of Public Economics, 96, 635–43.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Order Reprints Request Corporate Permissions

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

Request Academic Permissions

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.

Supercharge Your Next Research Paper: Research and write your next paper with Jenni AI.

Related research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.