Fiscal Rules to Tame the Political Budget Cycle : Evidence from Italian Municipalities /
The paper provides evidence that fiscal rules can limit the political budget cycle. It focuses on the application of the Italian fiscal rule at the sub-national level over the period 2004-2006 and shows that: 1) municipalities are subject to political budget cycles in capital spending; 2) the Italia...
मुख्य लेखक: | |
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अन्य लेखक: | |
स्वरूप: | पत्रिका |
भाषा: | English |
प्रकाशित: |
Washington, D.C. :
International Monetary Fund,
2017.
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श्रृंखला: | IMF Working Papers; Working Paper ;
No. 2017/006 |
ऑनलाइन पहुंच: | Full text available on IMF |