Construct · 1 fields · 1 citations

year-end spending surge: a standalone construct

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Public finance

the rise in agency spending in the final weeks of a fiscal year when budgets expire, often of lower quality than spending earlier in the year.

In public finance, year-end spending surge refers to the rise in agency spending in the final weeks of a fiscal year when budgets expire, often of lower quality than spending earlier in the year. This meaning comes from Liebman (2017) in American Economic Review.[1]

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Nearby constructs

agency6 fields · 12 citationsjingle · one name, six constructs quality6 fields · 13 citationsjingle · one name, six constructs surge4 fields · 6 citationsjingle · one word, four constructs

References

Liebman, J. B., & Mahoney, N. (2017). Do Expiring Budgets Lead to Wasteful Year-End Spending? Evidence from Federal Procurement. American Economic Review, 107(11), 3510-3549. https://doi.org/10.1257/aer.20131296

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