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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Співавтор: International Monetary Fund
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 1996.
Серія:IMF Working Papers; Working Paper ; No. 1996/078
Онлайн доступ:Full text available on IMF