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Political Disagreement, Lack of Commitment and the Level of Debt

https://doi.org/10.2139/ssrn.1292405
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29/29 checkable references clean · checked 2026-08-27

Every reference with a DOI in the deposited reference list resolved to a known work in Crossref or DataCite at the dated check, and none carried a retraction, withdrawal, or removal notice.

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The 29 checked references that resolve
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A Positive Theory of Fiscal Deficits and Government Debt
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A Positive Theory of Monetary Policy in a Natural Rate Model
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A Dynamic Theory of Public Spending, Taxation, and Debt
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Optimal monetary policy when lump-sum taxes are unavailable: A reconsideration of the outcomes under commitment and discretion
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The Positive Political Economy of Public Debt: An Empirical Examination of the OECD Postwar Experience
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Government Strength, Power Dispersion in Governments and Budget Deficits in OECD-Countries. A Voting Power Approach
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Rules Rather than Discretion: The Inconsistency of Optimal Plans
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Are Budget Deficits Used Strategically?
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More on the time consistency of monetary policy
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An investigation of the gains from commitment in monetary policy
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Political competition and debt trajectories in Japan and the OECD
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Rotten Parents and Disciplined Children: A Politico-Economic Theory of Public Expenditure and Debt
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The 12 references without a DOI — listed, not checked
no DOI — not checkedNominal debt as a burden to monetary policy
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no DOI — not checkedTime consistent public expenditures. CEPR Discussion Papers 4582
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