Institutions matter: Comparing deficit spending in the United States and Japan

Hahm, Sung Deuk; Kamlet, Mark S.
October 1995
Journal of Public Administration Research & Theory;Oct95, Vol. 5 Issue 4, p429
Academic Journal
Examines the determinants of central government deficit spending in the United States and Japan during the postwar period. Hypothesis that stronger economic growth is associated with lower deficits; Political control of the executive and legislature branches of government; `Strength-of-government hypothesis'; `Irresponsible Congress/responsible president hypothesis.'


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