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Veto players,market discipline,and structural fiscal consolidations |
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| Authors: | Leibrecht Markus Scharler Johann |
| Institution: | 1.Department of Economics and Management, Shanghai Ocean University, 999 Hucheng Ring Rd, Pudong, Shanghai, China ;2.Department of Economics, University of Innsbruck, Universit?tsstra?e 15, 6020, Innsbruck, Austria ; |
| Abstract: | Public Choice - Based on a sample of 16 Western OECD countries we show that although veto players with heterogeneous political preferences reduce the probability of a structural fiscal... |
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