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The Timing of Public Spending in Japan and the US

Published online by Cambridge University Press:  01 August 2008

SEIJI FUJII
SEIJI FUJII*
Affiliation:
Chuo University, Tokyosfujii@tamacc.chuo-u.ac.jp
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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.

Type
Research Article
Information
Japanese Journal of Political Science , Volume 9 , Issue 2 , August 2008 , pp. 145 - 159
Copyright
Copyright © Cambridge University Press 2008

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