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Franzese, Jr."},"authorAffiliation":{"typeName":"authorAffiliation","multiple":false,"typeClass":"primitive","value":"University of Michigan"}}]},{"typeName":"datasetContact","multiple":true,"typeClass":"compound","value":[{"datasetContactEmail":{"typeName":"datasetContactEmail","multiple":false,"typeClass":"primitive","value":"franzese@umich.edu"}}]},{"typeName":"dsDescription","multiple":true,"typeClass":"compound","value":[{"dsDescriptionValue":{"typeName":"dsDescriptionValue","multiple":false,"typeClass":"primitive","value":"Theoretical literature seeking to explain public-debt accumulation exploded in recent years as debt crises emerged in many nations. Empirical evaluation of political-economy theories has, however, lagged that of basic economic-conditions models. This paper joins those beginning to redress the imbalance, operationalizing and evaluating standard electoral and partisan budget-cycles arguments and their modern, rational-expectations-strategic variants. The evidence strongly suggests modification of the former and flatly rejects the latter. Electoral budget-cycles exist, but their timing is different than usually assumed. Partisan debt-effects also exist, but they run in commonly expected directions (left-deficits, right-surpluses) only when incumbents’ perceived risk of replacement by ideological competitors is high. They run in opposite directions when such replacement risk is low. The pattern contradicts recent rational-strategic models but perhaps suggests alternative, equally rational-strategic, logic for partisan manipulation of the budget."}}]},{"typeName":"publication","multiple":true,"typeClass":"compound","value":[{"publicationCitation":{"typeName":"publicationCitation","multiple":false,"typeClass":"primitive","value":"Robert J. Franzese, Jr. 2002. “The Political Economy of Public Debt: An Empirical Examination of the OECD Postwar Experience through the 1990s.” <a href=\"http://www-personal.umich.edu/~franzese/EPBCinDebt.pdf\" target= \"_new\">conference paper available here</a>"}}]},{"typeName":"notesText","multiple":false,"typeClass":"primitive","value":"Subject: STANDARD DEPOSIT TERMS 1.0  Type: DATAPASS:TERMS:STANDARD:1.0  Notes: This study was deposited under the of the Data-PASS standard deposit terms. A copy of the usage agreement is included in the file section of this study.;"},{"typeName":"productionDate","multiple":false,"typeClass":"primitive","value":"2002"},{"typeName":"distributor","multiple":true,"typeClass":"compound","value":[{"distributorName":{"typeName":"distributorName","multiple":false,"typeClass":"primitive","value":"Robert J. 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Franzese, Jr. 2000, Electoral and Partisan Manipulation of Public Debt in Developed Democracies, 1956-1990, in \"Institutions, Politics and Fiscal Policy\", R. Strauch and J. Von Hagen, eds., New York: Springer, pp. 61-83.\n<a href= \"http://dvn.iq.harvard.edu/dvn/dv/franzese/faces/study/StudyPage.jsp?studyId=607\" target= \"_new\">study available here</a>"]}]}},"files":[{"description":"Political Economy of Public Debt Data Base","label":"PEofPubDebt.Public.tab","restricted":false,"version":1,"datasetVersionId":42647,"categories":["1. Data"],"dataFile":{"id":655332,"persistentId":"doi:10.7910/DVN/NPI8JN/DS6FR7","pidURL":"https://doi.org/10.7910/DVN/NPI8JN/DS6FR7","filename":"PEofPubDebt.Public.tab","contentType":"text/tab-separated-values","friendlyType":"Tab-Delimited","filesize":284579,"description":"Political Economy of Public Debt Data Base","categories":["1. 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