How Should Subnational Government Borrowing Be Regulated? : Some Cross-Country Empirical Evidence /

Countries have adopted various institutional responses to subnational government borrowing. Using a sample of 44 countries 1982-2000, this paper provides a panel data analysis to determine the most effective borrowing constraints for containing local fiscal deficits. The results suggest that no sing...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Plekhanov, Alexander
Muut tekijät: Singh, Raju
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2005.
Sarja:IMF Working Papers; Working Paper ; No. 2005/054
Linkit:Full text available on IMF