Dynamic Threshold Modeling of Budget Changes

Early studies of public budgeting emphasized uncertainty Two of us (BJ and FB) have published a set of papers, in the decision-making environment. Budgeting in the books focusing on annual budget changes (Jones and absence of information about the impacts of decisions led Baumgartner 2005b). Leptokurtic distribution of percentual to an adjustment process rooted in simple decision rules budget changes were observed in a broad range of settings: and bargaining among interests. This led to marginal or small increases and small decreases of budgets and budget incremental adjustments from the budgetary status quo, components are the most frequent, but time to time large with all major actors wary of big changes to the budgetary increases and cutoffs are observed as well.