Peacock–Wiseman hypothesis

GPTKB entity

Statements (17)
Predicate Object
gptkbp:instanceOf economic hypothesis
gptkbp:alsoKnownAs displacement effect hypothesis
gptkbp:category gptkb:economic_policy
gptkbp:countryOfOrigin gptkb:United_Kingdom
gptkbp:describes relationship between government expenditure and economic growth
gptkbp:effect permanent increase in government spending after crises
gptkbp:field gptkb:government
gptkbp:focusesOn public expenditure
https://www.w3.org/2000/01/rdf-schema#label Peacock–Wiseman hypothesis
gptkbp:influencedBy major events such as wars or crises
gptkbp:proposedBy 1961
Jack Wiseman
Alan Peacock
government spending increases in response to social upheavals
gptkbp:publishedIn The Growth of Public Expenditure in the United Kingdom
gptkbp:bfsParent gptkb:Wagner's_law
gptkbp:bfsLayer 7