Do Expiring Budgets Lead to Wasteful Year-End Spending? Evidence from Federal Procurement

Liebman, J. B., & Mahoney, N. (2017). Do Expiring Budgets Lead to Wasteful Year-End Spending? Evidence from Federal Procurement. American Economic Review, 107(11), 3510-3549.

Type

Journal article

Intellectual base

Primary research

Year

2017

DOI

10.1257/aer.20131296

Link

https://doi.org/10.1257/aer.20131296

Cited from

economics_finance

Cited by

1 citation across 1 artifact.

Each citation links to the sentence it supports in the citing article.

Primes

• Parkinson's Law
  • In government program budgeting, use-it-or-lose-it rules guarantee year-end spending bursts to consume unused allocation.

    This sourceDocuments a year-end spending surge under use-it-or-lose-it federal appropriations (last-week spending 4.9x the weekly average) with lower-quality year-end IT projects.

Verification

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Registry ID ref:8b0e22f9daca · see in the full table