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Fiscal Decentralisation and Deficits: International Evidence
The literature on socio economic implications of fiscal decentralization (FD) has recently been expanding, though only very few studies to day have looked at its macroeconomic effects. This paper investigates the relationship between FD and budget deficits. Using various measures…
http://www.paperobot.com/papers/fiscal-decentralisation-and-deficits-international-evidence
The Effects Of Fiscal And Monetary Discipline On Budgetary Outcomes
This paper extends the game-theoretic model of Von Hagen and Harden (1995) that analyzes the impact of fiscal discipline on budgetary outcomes. It analyzes the effects on budgetary outcomes of both fiscal and monetary discipline, which are evaluated with respect to the relevant institutional…
http://www.paperobot.com/papers/the-effects-of-fiscal-and-monetary-discipline-on-budgetary-outcomes