Budget Processes and Commitment to Fiscal Discipline.
This paper develops a political-economy model of the budget process focusing on the common pool problem of the public budget. We show that the externality arising from the fact that public spending tends to be targeted at individual groups in society while the tax burden is widely dispersed creates...
| Institution som forfatter: | |
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| Format: | Tidsskrift |
| Sprog: | English |
| Udgivet: |
Washington, D.C. :
International Monetary Fund,
1996.
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| Serier: | IMF Working Papers; Working Paper ;
No. 1996/078 |
| Online adgang: | Full text available on IMF |