Construct · 1 fields · 1 citations

deficit bias: a standalone construct

One name. One construct. A landmark on the map.

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Public finance

the tendency of governments to run larger deficits and debt than is optimal, explained here by alternating parties with different spending priorities.

In public finance, deficit bias refers to the tendency of governments to run larger deficits and debt than is optimal, explained here by alternating parties with different spending priorities. This meaning comes from Alesina (1990) in The Review of Economic Studies.[1]

Unit
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Nearby constructs

bias6 fields · 8 citationsjingle · one name, six constructs debt3 fields · 3 citationsjingle · one word, three carriers

References

Alesina, A., & Tabellini, G. (1990). A Positive Theory of Fiscal Deficits and Government Debt. The Review of Economic Studies, 57(3), 403. https://doi.org/10.2307/2298021

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