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Fiscal consolidation and voting: on the electoral costs of budgetary stability

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dc.contributor.authorLago Peñas, Santiago
dc.contributor.authorCadaval Sampedro, María
dc.contributor.authorHerrero Alcalde, Ana
dc.date.accessioned2024-08-21T12:13:18Z
dc.date.available2024-08-21T12:13:18Z
dc.date.issued2024-05-08
dc.description.abstractIn this paper, we analyse the potential impact of policies aimed at fostering fiscal sustainability on citizens’ preferences. A survey specifically designed for this purpose quantifies citizens’ knowledge and concern about fiscal imbalances and the institutional framework that addresses them in Spain, and their possible electoral reactions to public spending cuts and tax increases. Using both ordered and unordered multinomial probit models, we corroborate that citizens tend to disapprove of retrenchment policies. However, the effect on citizens’ voting intentions varies depending on their political ideology. We confirm that left-wing voters supporting the incumbent coalition parties prefer austerity policies based on the revenue side of the budget, while right-wing voters tend to approve retrenchments based on the expenditure side to a larger extent.en
dc.description.versionversión publicada
dc.identifier.doihttps://doi.org/10.1111/1475-5890.12364
dc.identifier.issn0143-5671; eISSN 1475-5890
dc.identifier.urihttps://hdl.handle.net/20.500.14468/23223
dc.journal.issue1
dc.journal.titleEstudios fiscales: The Journal of Applied Public Economics (2024) 45-1
dc.journal.volume45
dc.language.isoen
dc.publisherWiley
dc.relation.centerFacultades y escuelas::Facultad de Derecho
dc.relation.departmentEconomía Aplicada y Gestión Pública
dc.rightsAtribución-NoComercial 4.0 Internacional
dc.rightsinfo:eu-repo/semantics/openAccess
dc.rights.urihttp://creativecommons.org/licenses/by-nc/4.0
dc.subject.keywordsDeficit
dc.subject.keywordsfiscal adjustment
dc.subject.keywordsfiscal austerity
dc.subject.keywordselectoral impact
dc.subject.keywordspublic interest
dc.subject.keywordstaxes
dc.titleFiscal consolidation and voting: on the electoral costs of budgetary stabilityes
dc.typeartículoes
dc.typejournal articleen
dspace.entity.typePublication
relation.isAuthorOfPublication6bcbefc4-e649-4eea-9c5c-c6497320f6ea
relation.isAuthorOfPublication.latestForDiscovery6bcbefc4-e649-4eea-9c5c-c6497320f6ea
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