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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Kotia, Ananya
Rannpháirtithe: Lledo, Victor
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2016.
Sraith:IMF Working Papers; Working Paper ; No. 2016/084
Rochtain ar líne:Full text available on IMF