Date of Award

2012

Document Type

Honors Thesis (Open Access)

Department

Colby College. Economics Dept.

Advisor(s)

Guillermo Vuletin

Second Advisor

Samara Gunter

Abstract

This paper seeks to establish the determinants of turnover in finance ministers. Based on an original worldwide data set, political and economic factors are considered for 58 countries. While the same political factors affect Minister of Finance turnover in both advanced and developing economies, the economic variables that matter differ between the sub-samples. Finance minister turnover is higher during years that there is also presidential turnover. Further, emerging economies have a higher Minister of Finance turnover than developed economies during years without presidential turnover. Results largely hold for robustness checks.

Keywords

finance ministers

Multimedia URL

Share

COinS