Fiscal Incentive Effects of the German Equalization System /
Does reliance on transfers weaken fiscal discipline and encourage pro-cyclical fiscal policies in recipient subnational governments? Using fiscal reaction functions for a panel of the German Lander, this paper finds a positive answer to both questions. Net-recipient states (Lander, benefiting from t...
| Glavni autor: | |
|---|---|
| Daljnji autori: | |
| Format: | Žurnal |
| Jezik: | English |
| Izdano: |
Washington, D.C. :
International Monetary Fund,
2009.
|
| Serija: | IMF Working Papers; Working Paper ;
No. 2009/124 |
| Online pristup: | Full text available on IMF |