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...
Prif Awdur: | |
---|---|
Awduron Eraill: | |
Fformat: | Cylchgrawn |
Iaith: | English |
Cyhoeddwyd: |
Washington, D.C. :
International Monetary Fund,
2017.
|
Cyfres: | IMF Working Papers; Working Paper ;
No. 2017/006 |
Mynediad Ar-lein: | Full text available on IMF |