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Democratically elected politicians tend to push the cost of financial crises to the future in order to avert unpopularity

Gandrud, Christopher and Hallerberg, Mark (2015) Democratically elected politicians tend to push the cost of financial crises to the future in order to avert unpopularity. Democratic Audit UK (24 Sep 2015). Website.

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Abstract

Autocracies have traditionally been thought more spendthrift than democracies which manage money prudently in order to maintain favour with the public to whom they are accountable. But is this true? According to Christopher Gandrud and Mark Hallerberg, not necessarily, as politicians in democratic polities are more likely to push the costs to the future rather than take a hit in popularity.

Item Type: Online resource (Website)
Official URL: http://www.democraticaudit.com
Additional Information: © 2015 The Author(s); Online
Divisions: LSE
Subjects: H Social Sciences > HA Statistics
H Social Sciences > HB Economic Theory
H Social Sciences > HG Finance
H Social Sciences > HJ Public Finance
J Political Science > JC Political theory
J Political Science > JF Political institutions (General)
Sets: Collections > Democratic Audit Blog
Date Deposited: 13 Jun 2017 08:59
Last Modified: 11 Aug 2019 23:20
URI: http://eprints.lse.ac.uk/id/eprint/81003

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