AMBIENTUM BIOETHICA BIOLOGIA CHEMIA DIGITALIA DRAMATICA EDUCATIO ARTIS GYMNAST. ENGINEERING EPHEMERIDES EUROPAEA GEOGRAPHIA GEOLOGIA HISTORIA HISTORIA ARTIUM INFORMATICA IURISPRUDENTIA MATHEMATICA MUSICA NEGOTIA OECONOMICA PHILOLOGIA PHILOSOPHIA PHYSICA POLITICA PSYCHOLOGIA-PAEDAGOGIA SOCIOLOGIA THEOLOGIA CATHOLICA THEOLOGIA CATHOLICA LATIN THEOLOGIA GR.-CATH. VARAD THEOLOGIA ORTHODOXA THEOLOGIA REF. TRANSYLVAN
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STUDIA OECONOMICA - Ediţia nr.1 din 2023 | |||||||
Articol: |
DEMAND FOR GOVERNMENT SPENDING: DO OUR BELIEFS ABOUT PUBLIC DEBT MATTER?. Autori: ANDREEA STANCEA, CECILIA CIOCIRLAN. |
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Rezumat: DOI: 10.2478/subboec-2023-0001 Published Online: 2023-04-25 Published Print: 2023-04-25 pp. 1-20 VIEW PDF FULL PDF Abstract: Macroeconomic expectations play a major role in predicting individual choices and behavior. This paper examines the effects of public debt expectations and knowledge on demand for government spending measured by individual preferences. Using a unique survey dataset applied in Central and Eastern Europe, the results show that the most knowledgeable citizens tend to support the increase in public spending. Debt expectations also have a significant impact on public spending preferences: citizens who have negative debt expectations are less likely to support public spending increases. The results shed light on the importance of economic knowledge and information provision for shaping public attitudes about future taxation. JEL Classification: D14, D91, H31, H53 Keywords: public spending preferences, public debt expectations, economic knowledge, CESEE, public finance |
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