| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP8513 |
| DP8513 Austerity and Anarchy: Budget Cuts and Social Unrest in Europe, 1919-2008 | |
| Hans-Joachim Voth; Jacopo Ponticelli | |
| 发表日期 | 2011-08-01 |
| 出版年 | 2011 |
| 语种 | 英语 |
| 摘要 | Does fiscal consolidation lead to social unrest? Using cross-country evidence for the period 1919 to 2008, we examine the extent to which societies become unstable after budget cuts. The results show a clear correlation between fiscal retrenchment and instability. We test if the relationship simply reflects economic downturns, and conclude that this is not the case. While autocracies and democracies show a broadly similar responses to budget cuts, countries with more constraints on the executive are less likely to see unrest after austerity measures. Growing media penetration does not strengthen the effect of cut-backs on the level of unrest. |
| 主题 | International Macroeconomics |
| 关键词 | Unrest Instability Government deficits Public expediture Riots Demonstrations Europe |
| URL | https://cepr.org/publications/dp8513 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/537347 |
| 推荐引用方式 GB/T 7714 | Hans-Joachim Voth,Jacopo Ponticelli. DP8513 Austerity and Anarchy: Budget Cuts and Social Unrest in Europe, 1919-2008. 2011. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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