Short explanations for variables in datasets uusin.sav and uusinlim.wk1.
For more detailed explanations see the text.


Variable        Explanation

YEAR            Year
DEF             Financial balance (NOT deficit!) as % of GDP
LDEF            Lagged balance
LLDEF           Lagged lagged balance
DDEF            Change in balance
LDDEF           Lagged change in balance
TULOT           Revenues as % of GDP
LTULOT          Lagged revenues
LLTULOT         Lagged lagged revenues
DTULOT          Change in revenues
LDTULOT         Lagged change in revenues
OUTL            Expenditure as % of GDP
LOUT            Lagged expenditure
LLOUT           Lagged lagged expenditure
DOUT            Change in expenditure
LDOUT           Lagged change in expenditure
GDP             Yearly real GDP growth
ELECT           Election year dummy (1=elections)
NUM             Number of parties in government coalition
MAJ             Majority government dummy (1=majority)
LEFT            Share of government portfolios held by leftist parties
UNEXP           Unexpected growth in GDP
UNEMP           Unemployment level
LUNEMP          Lagged level of unemployment
DUNEMP          Change in unemployment
COHIGH          Forget this one!
COLOW           Ditto!
INDEX           Labour market index
COMID           Forget!
DUR             Government stability