{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2025,5,17]],"date-time":"2025-05-17T23:40:42Z","timestamp":1747525242429,"version":"3.37.3"},"reference-count":44,"publisher":"Springer Science and Business Media LLC","issue":"3","license":[{"start":{"date-parts":[[2021,3,27]],"date-time":"2021-03-27T00:00:00Z","timestamp":1616803200000},"content-version":"tdm","delay-in-days":0,"URL":"https:\/\/www.springer.com\/tdm"},{"start":{"date-parts":[[2021,3,27]],"date-time":"2021-03-27T00:00:00Z","timestamp":1616803200000},"content-version":"vor","delay-in-days":0,"URL":"https:\/\/www.springer.com\/tdm"}],"content-domain":{"domain":["link.springer.com"],"crossmark-restriction":false},"short-container-title":["Soc Choice Welf"],"published-print":{"date-parts":[[2021,10]]},"DOI":"10.1007\/s00355-021-01332-z","type":"journal-article","created":{"date-parts":[[2021,3,27]],"date-time":"2021-03-27T14:02:40Z","timestamp":1616853760000},"page":"475-501","update-policy":"https:\/\/doi.org\/10.1007\/springer_crossmark_policy","source":"Crossref","is-referenced-by-count":3,"title":["Does public debt secure social peace? A diversionary theory of public debt management"],"prefix":"10.1007","volume":"57","author":[{"ORCID":"https:\/\/orcid.org\/0000-0003-2849-7058","authenticated-orcid":false,"given":"Maxime","family":"Menuet","sequence":"first","affiliation":[]},{"given":"Patrick","family":"Villieu","sequence":"additional","affiliation":[]},{"given":"Marcel","family":"Voia","sequence":"additional","affiliation":[]}],"member":"297","published-online":{"date-parts":[[2021,3,27]]},"reference":[{"key":"1332_CR1","doi-asserted-by":"publisher","first-page":"91","DOI":"10.1111\/1468-0262.00270","volume":"70","author":"A Abadie","year":"2002","unstructured":"Abadie A, Angrist J, Imbens G (2002) Instrumental variables estimates of the effect of subsidized training on the quantiles of trainee earnings. Econometrica 70:91\u2013117","journal-title":"Econometrica"},{"key":"1332_CR2","doi-asserted-by":"publisher","first-page":"315","DOI":"10.1017\/CBO9780511628528.022","volume-title":"Public debt management: theory, history","author":"P Aghion","year":"1990","unstructured":"Aghion P, Bolton PP (1990) Government domestic debt and the risk of default: a political-economic model of the strategic role of government Debt. In: Dornbusch R, Draghi M (eds) Public debt management: theory, history. Cambridge University Press, New York, pp 315\u2013344"},{"key":"1332_CR3","doi-asserted-by":"publisher","first-page":"403","DOI":"10.2307\/2298021","volume":"57","author":"A Alesina","year":"1990","unstructured":"Alesina A, Tabellini G (1990) A positive theory of fiscal deficits and government debt. Rev Econ Stud 57:403\u2013414","journal-title":"Rev Econ Stud"},{"key":"1332_CR4","doi-asserted-by":"publisher","first-page":"291","DOI":"10.1257\/mac.6.4.291","volume":"6","author":"S Ardagna","year":"2014","unstructured":"Ardagna S, Caselli F (2014) The political economy of the Greek debt crisis: a tale of two bailouts. Am Econ J Macroecon 6:291\u2013323","journal-title":"Am Econ J Macroecon"},{"key":"1332_CR5","first-page":"11","volume":"83","author":"G Bertola","year":"1993","unstructured":"Bertola G, Drazen A (1993) Trigger points and budget cuts: explaining the effects of fiscal austerity. Am Econ Rev 83:11\u201326","journal-title":"Am Econ Rev"},{"key":"1332_CR6","doi-asserted-by":"publisher","first-page":"2203","DOI":"10.1257\/aer.98.5.2203","volume":"98","author":"A Brender","year":"2008","unstructured":"Brender A, Drazen A (2008) How do budget deficits and economic growth affect reelection prospects? Evidence from a large panel of countries. Am Econ Rev 98:2203\u20132220","journal-title":"Am Econ Rev"},{"key":"1332_CR7","doi-asserted-by":"publisher","unstructured":"Dahrendorf R (1964) Homo Sociologicus. VS Verlag f\u00fcr Sozialwissenschaften, Wiesbaden, pp 13\u201396. https:\/\/doi.org\/10.1007\/978-3-322-85721-7_1","DOI":"10.1007\/978-3-322-85721-7_1"},{"key":"1332_CR8","unstructured":"Drasgow F (1986) Polychoric and polyserial correlations. In: Kotz S, Johnson N (eds) The encyclopedia of statistics, vol 7. Wiley, pp 68\u201374"},{"key":"1332_CR9","doi-asserted-by":"publisher","first-page":"72","DOI":"10.1016\/j.econlet.2017.03.023","volume":"155","author":"S Garmann","year":"2017","unstructured":"Garmann S (2017) Political budget cycles and fiscally conservative voters. Econ Lett 155:72\u201375","journal-title":"Econ Lett"},{"key":"1332_CR10","doi-asserted-by":"crossref","unstructured":"Grieco J, Ikenberry GJ, Mastanduno M (2014) Introduction to international relations. Palgrave","DOI":"10.1007\/978-1-137-37883-5"},{"key":"1332_CR11","first-page":"107","volume-title":"The economics of information and uncertainty","author":"SJ Grossman","year":"1982","unstructured":"Grossman SJ, Hart OD (1982) Corporate financial structure and managerial incentives. The economics of information and uncertainty. University of Chicago Press, Chicago, pp 107\u2013140"},{"key":"1332_CR12","doi-asserted-by":"publisher","first-page":"239","DOI":"10.1016\/0304-4076(85)90139-3","volume":"30","author":"J Heckman","year":"1985","unstructured":"Heckman J, Robb R (1985) Alternative methods for evaluating the impact of interventions. J Econom 30:239\u2013267","journal-title":"J Econom"},{"key":"1332_CR13","doi-asserted-by":"publisher","first-page":"37","DOI":"10.1017\/S1049096503001665","volume":"36","author":"MJ Hetherington","year":"2003","unstructured":"Hetherington MJ, Nelson M (2003) Anatomy of a rally effect: George W. Bush and the war on terrorism. Polit Sci Polit 36:37\u201342","journal-title":"Polit Sci Polit"},{"key":"1332_CR14","doi-asserted-by":"publisher","first-page":"101","DOI":"10.1007\/BF00153394","volume":"63","author":"J Hirshleifer","year":"1989","unstructured":"Hirshleifer J (1989) Conflict and rent-seeking success functions: ratio vs. difference models of relative success. Public Choice 63:101\u2013112","journal-title":"Public Choice"},{"key":"1332_CR15","unstructured":"Hirshleifer J (2008) Anarchy and its breakdown. In: Garfinkel MR, Skaperdas IS (eds) The political economy of conflict and appropriation, chapter\u00a02. Cambridge University Press, Cambridge"},{"key":"1332_CR16","doi-asserted-by":"publisher","first-page":"149","DOI":"10.1007\/s11127-010-9650-5","volume":"148","author":"R Hodler","year":"2011","unstructured":"Hodler R (2011) Elections and the strategic use of budget deficits. Public Choice 148:149\u2013161","journal-title":"Public Choice"},{"key":"1332_CR17","doi-asserted-by":"publisher","first-page":"661","DOI":"10.1111\/j.1467-6451.2010.00429.x","volume":"58","author":"K Huynh","year":"2010","unstructured":"Huynh K, Petrunia R, Voia M (2010) The impact of initial financial state on firm duration across entry cohorts. J Ind Econ 58:661\u2013689","journal-title":"J Ind Econ"},{"key":"1332_CR18","doi-asserted-by":"publisher","first-page":"7","DOI":"10.1186\/s40172-017-0057-0","volume":"6","author":"K Huynh","year":"2017","unstructured":"Huynh K, Ostrovsky Y, Petrunia R, Voia M (2017) Industry shutdown rates and permanent layoffs: evidence from firm-worker matched data. IZA J Labor Econ 6:7","journal-title":"IZA J Labor Econ"},{"key":"1332_CR19","first-page":"323","volume":"76","author":"MC Jensen","year":"1986","unstructured":"Jensen MC (1986) Agency costs of free cash flow, corporate finance, and takeovers. Am Econ Rev 76:323\u2013329","journal-title":"Am Econ Rev"},{"key":"1332_CR20","first-page":"49","volume":"47","author":"D Katsikas","year":"2012","unstructured":"Katsikas D (2012) The Greek crisis and the search for political leadership. Int Spect Ital J Int Affairs 47:49\u201356","journal-title":"Int Spect Ital J Int Affairs"},{"key":"1332_CR21","doi-asserted-by":"publisher","first-page":"49","DOI":"10.1007\/BF00139290","volume":"65","author":"E Katz","year":"1990","unstructured":"Katz E, Nitzan S, Rosenberg J (1990) Rent seeking for pure public goods. Public Choice 65:49\u201360","journal-title":"Public Choice"},{"key":"1332_CR22","doi-asserted-by":"publisher","first-page":"506","DOI":"10.2307\/1954107","volume":"72","author":"S Kernell","year":"1978","unstructured":"Kernell S (1978) Explaining presidential popularity: how ad hoc theorizing, misplaced emphasis, and insufficient care in measuring one\u2019s variables refuted common sense and led conventional wisdom down the path of anomalies. Am Polit Sci Rev 72:506\u2013522","journal-title":"Am Polit Sci Rev"},{"key":"1332_CR23","doi-asserted-by":"publisher","first-page":"116","DOI":"10.1111\/geer.12029","volume":"15","author":"G Kirchg\u00e4ssner","year":"2014","unstructured":"Kirchg\u00e4ssner G (2014) On the political economy of public deficits and debt. German Econ Rev 15:116\u2013130","journal-title":"German Econ Rev"},{"key":"1332_CR24","volume-title":"Ethnocentrism: theories of conflict, ethnic attitudes and group conflict","author":"RA Levine","year":"1972","unstructured":"Levine RA, Campbell DT (1972) Ethnocentrism: theories of conflict, ethnic attitudes and group conflict. Wiley, New York"},{"key":"1332_CR25","first-page":"73","volume":"7","author":"J Levy","year":"1989","unstructured":"Levy J (1989) Conflict resolution in elementary and secondary education. Confl Resolut Q 7:73\u201387","journal-title":"Confl Resolut Q"},{"key":"1332_CR26","doi-asserted-by":"publisher","first-page":"277","DOI":"10.1177\/0022002793037002003","volume":"37","author":"B Lian","year":"1993","unstructured":"Lian B, Oneal JR (1993) Presidents, the use of military force, and public opinion. J Confl Resolut 37:277\u2013300","journal-title":"J Confl Resolut"},{"key":"1332_CR27","doi-asserted-by":"publisher","first-page":"273","DOI":"10.1007\/BF00116710","volume":"52","author":"A Lindbeck","year":"1987","unstructured":"Lindbeck A, Weibull J (1987) Balanced-budget redistribution as the outcome of political competition. Public Choice 52:273\u2013297","journal-title":"Public Choice"},{"key":"1332_CR28","volume-title":"Electing to fight","author":"ED Mansfield","year":"2004","unstructured":"Mansfield ED, Snyder J (2004) Electing to fight. MIT Press, Cambridge"},{"key":"1332_CR29","volume-title":"War, presidents, and public opinion","author":"JE Mueller","year":"1973","unstructured":"Mueller JE (1973) War, presidents, and public opinion. Wiley, New York"},{"issue":"2","key":"1332_CR30","doi-asserted-by":"publisher","first-page":"333","DOI":"10.1007\/s00199-007-0218-7","volume":"32","author":"J M\u00fcnster","year":"2007","unstructured":"M\u00fcnster J (2007) Simultaneous inter- and intra-groups conflicts. Econ Theory 32(2):333\u2013352","journal-title":"Econ Theory"},{"key":"1332_CR31","doi-asserted-by":"publisher","first-page":"91","DOI":"10.1177\/0738894210396629","volume":"28","author":"J M\u00fcnster","year":"2011","unstructured":"M\u00fcnster J, Staal K (2011) War with outsiders makes peace inside. Confl Manag Peace Sci 28:91\u2013110","journal-title":"Confl Manag Peace Sci"},{"key":"1332_CR32","doi-asserted-by":"publisher","first-page":"169","DOI":"10.2307\/2296528","volume":"42","author":"WD Nordhaus","year":"1975","unstructured":"Nordhaus WD (1975) The political business cycle. Rev Econ Stud 42:169\u2013190","journal-title":"Rev Econ Stud"},{"key":"1332_CR33","doi-asserted-by":"publisher","first-page":"327","DOI":"10.2307\/2118475","volume":"107","author":"S Peltzman","year":"1992","unstructured":"Peltzman S (1992) Voters as fiscal conservatives. Q J Econ 107:327\u2013361","journal-title":"Q J Econ"},{"key":"1332_CR34","doi-asserted-by":"publisher","first-page":"325","DOI":"10.2307\/2937850","volume":"104","author":"T Persson","year":"1989","unstructured":"Persson T, Svensson L (1989) Why a stubborn conservative would run a deficit: policy with time-inconsistent preferences. Q J Econ 104:325\u2013346","journal-title":"Q J Econ"},{"key":"1332_CR35","volume-title":"Political economics: explaining economic policy","author":"T Persson","year":"2000","unstructured":"Persson T, Tabellini G (2000) Political economics: explaining economic policy. MIT Press, Cambridge"},{"key":"1332_CR36","doi-asserted-by":"publisher","first-page":"570","DOI":"10.1086\/321021","volume":"109","author":"P Pettersson-Lidbom","year":"2001","unstructured":"Pettersson-Lidbom P (2001) An empirical investigation of the strategic use of debt. J Polit Econ 109:570\u2013583","journal-title":"J Polit Econ"},{"key":"1332_CR37","doi-asserted-by":"publisher","first-page":"1","DOI":"10.2307\/2297526","volume":"55","author":"K Rogoff","year":"1988","unstructured":"Rogoff K, Sibert A (1988) Elections and macroeconomic policy cycles. Rev Econ Stud 55:1\u201316","journal-title":"Rev Econ Stud"},{"key":"1332_CR38","doi-asserted-by":"publisher","first-page":"283","DOI":"10.1007\/BF01213906","volume":"7","author":"S Skaperdas","year":"1996","unstructured":"Skaperdas S (1996) Contest success functions. Econ Theory 7:283\u2013290","journal-title":"Econ Theory"},{"key":"1332_CR39","doi-asserted-by":"publisher","first-page":"143","DOI":"10.1177\/002200277602000106","volume":"20","author":"AA Stein","year":"1976","unstructured":"Stein AA (1976) Conflict and cohesion: a review of the literature. J Confl Resolut 20:143\u2013172","journal-title":"J Confl Resolut"},{"key":"1332_CR40","doi-asserted-by":"publisher","first-page":"3","DOI":"10.1016\/0304-405X(90)90011-N","volume":"26","author":"R Stulz","year":"1990","unstructured":"Stulz R (1990) Managerial discretion and optimal financing policies. J Financ Econ 26:3\u201327","journal-title":"J Financ Econ"},{"key":"1332_CR41","doi-asserted-by":"crossref","unstructured":"Sumner WG (1906) Folkways, a study of the sociological importance of usages, manners, customs, mores, and morals. Ginn","DOI":"10.2307\/1412602"},{"key":"1332_CR42","doi-asserted-by":"publisher","first-page":"1","DOI":"10.1146\/annurev.ps.33.020182.000245","volume":"33","author":"H Tajfel","year":"1982","unstructured":"Tajfel H (1982) Social psychology of intergroup relations. Annu Rev Psychol 33:1\u201339","journal-title":"Annu Rev Psychol"},{"key":"1332_CR43","doi-asserted-by":"publisher","first-page":"420","DOI":"10.3368\/jhr.50.2.420","volume":"50","author":"JM Wooldridge","year":"2015","unstructured":"Wooldridge JM (2015) Control function methods in applied econometrics. J Hum Resour 50:420\u2013445","journal-title":"J Hum Resour"},{"key":"1332_CR44","volume-title":"A study of war","author":"Q Wright","year":"1965","unstructured":"Wright Q (1965) A study of war. University of Chicago Press, Chicago"}],"container-title":["Social Choice and Welfare"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/link.springer.com\/content\/pdf\/10.1007\/s00355-021-01332-z.pdf","content-type":"application\/pdf","content-version":"vor","intended-application":"text-mining"},{"URL":"https:\/\/link.springer.com\/article\/10.1007\/s00355-021-01332-z\/fulltext.html","content-type":"text\/html","content-version":"vor","intended-application":"text-mining"},{"URL":"https:\/\/link.springer.com\/content\/pdf\/10.1007\/s00355-021-01332-z.pdf","content-type":"application\/pdf","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2021,9,14]],"date-time":"2021-09-14T17:04:54Z","timestamp":1631639094000},"score":1,"resource":{"primary":{"URL":"https:\/\/link.springer.com\/10.1007\/s00355-021-01332-z"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2021,3,27]]},"references-count":44,"journal-issue":{"issue":"3","published-print":{"date-parts":[[2021,10]]}},"alternative-id":["1332"],"URL":"https:\/\/doi.org\/10.1007\/s00355-021-01332-z","relation":{},"ISSN":["0176-1714","1432-217X"],"issn-type":[{"type":"print","value":"0176-1714"},{"type":"electronic","value":"1432-217X"}],"subject":[],"published":{"date-parts":[[2021,3,27]]},"assertion":[{"value":"5 July 2018","order":1,"name":"received","label":"Received","group":{"name":"ArticleHistory","label":"Article History"}},{"value":"17 March 2021","order":2,"name":"accepted","label":"Accepted","group":{"name":"ArticleHistory","label":"Article History"}},{"value":"27 March 2021","order":3,"name":"first_online","label":"First Online","group":{"name":"ArticleHistory","label":"Article History"}}]}}