Legislative Institutions and Fiscal Policy

LSE PSPE Working Paper No. 8

39 Pages Posted: 21 Dec 2007 Last revised: 26 Dec 2007

See all articles by Joachim Wehner

Joachim Wehner

London School of Economics & Political Science (LSE)

Date Written: December 19, 2006

Abstract

A number of studies, using different samples and datasets, claim that various legislative institutions affect fiscal policy. This paper uses data from a 2003 survey of budgeting practices to comprehensively evaluate the effect of a range of legislative institutions on public spending in 25 OECD countries. It finds no evidence for most institutional hypotheses. Only the power of the legislature to amend the budget proposal of the executive has a significant impact on public expenditures.

Suggested Citation

Wehner, Joachim, Legislative Institutions and Fiscal Policy (December 19, 2006). LSE PSPE Working Paper No. 8, Available at SSRN: https://ssrn.com/abstract=1077783 or http://dx.doi.org/10.2139/ssrn.1077783

Joachim Wehner (Contact Author)

London School of Economics & Political Science (LSE) ( email )

Houghton Street
London, WC2A 2AE
United Kingdom

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