The Timing of Public Spending in Japan and the US
Seiji Fujii
Abstract
Seiji Fujii
Abstract
Abstract This paper considers a monthly pattern in government spending. I have found that public spending increases at the end of the fiscal year for both the Japanese central government and the US federal government and that the effects are stronger in recent years than in the past. I then propose two hypotheses that would explain why public spending increases at the end of the fiscal year.
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Abstract This paper considers a monthly pattern in government spending. I have found that public spending increases at the end of the fiscal year for both the Japanese central government and the US federal government and that the effects are stronger in recent years than in the past. I then propose two hypotheses that would explain why public spending increases at the end of the fiscal year.
Key concepts: Public spending, Government spending, Government (linguistics), Economics, Fiscal policy, Monetary economics, Political science, Market economy