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...
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| Format: | Czasopismo |
| Język: | English |
| Wydane: |
Washington, D.C. :
International Monetary Fund,
1996.
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| Seria: | IMF Working Papers; Working Paper ;
No. 1996/078 |
| Dostęp online: | Full text available on IMF |