Do Subnational Fiscal Rules Foster Fiscal Discipline? : New Empirical Evidence from Europe /

This paper studies how fiscal rules interact with the intergovernmental fiscal framework to foster fiscal discipline among European subnational governments. We use political variables describing the fiscal attitudes of the central government as instruments to obtain consistent estimates of the impac...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Kotia, Ananya
Awduron Eraill: Lledo, Victor
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2016.
Cyfres:IMF Working Papers; Working Paper ; No. 2016/084
Mynediad Ar-lein:Full text available on IMF