The Political Economy of Budget Deficits /

This paper provides a critical survey of the literature on politico-institutional determinants of the government budget. We organize our discussion around two questions: Why did certain OECD countries, but not others, accumulate large public debts? Why did these fiscal imbalances appear in the last...

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Dettagli Bibliografici
Autore principale: Alesina, Alberto
Altri autori: Perotti, Roberto
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 1994.
Serie:IMF Working Papers; Working Paper ; No. 1994/085
Accesso online:Full text available on IMF