Policy Punctuations : US Budget
نویسندگان
چکیده
منابع مشابه
Complexity, Capacity, and Budget Punctuations
The budgeting literature has long focused on “institutional friction” as a cause of ubiquitous punctuated equilibrium (PE) findings. A recent wave of scholarship looks to identify specific institutional mechanisms that affect the number of punctuations in policy outputs. We contribute to this growing body of research by focusing on the complexity of the institutional environment surrounding a p...
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In this paper, I identify whether shifts within budgets occur and investigate the variation of these shifts. Building on stochastic process methods, I find that budgets in all four cases exhibit mostly incremental changes punctuated by extreme shifts. In order to explain these punctuations in budget distributions, I rely on two models: partisan control of government and partisan distance of the...
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The results of studies on the development of new statistical and econometric approaches to modeling budget policy is presented. The obtained results are applied on the example of tax revenue modeling. The authors note the importance of ensuring transparency and predictability of state financial policy, the realisticness of economic forecasts, because this is the basis of budget modeling. It is ...
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