Too Small to Fail? : Subnational Spending Pressures in Europe /

The purpose of this paper is to assess whether expenditure decentralization has contributed to weakening fiscal performance in Europe. Using a panel of EU15 countries for the period 1995-2011, we estimate three econometric models and ask the following questions: (1) does the form of spending decentr...

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Bibliografische gegevens
Hoofdauteur: Eyraud, Luc
Andere auteurs: Moreno Badia, Marialuz
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2013.
Reeks:IMF Working Papers; Working Paper ; No. 2013/046
Online toegang:Full text available on IMF