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Local public finances and municipal reform in Finland
André, Christophe; García, Clara - 2014
Finnish municipalities enjoy ample fiscal autonomy and provide or arrange the provision of a large share of public services. In recent years, their spending and debt has been increasing steadily, especially because of population ageing and increases in the cost of health care and social...
Persistent link: https://www.econbiz.de/10010375402
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Enhancing Expenditure Control with a Decentralised Public Sector in Denmark
Daugaard, Steen - 2002
This paper analyses of some the key aspects of public expenditure policy in Denmark. The public expenditure to GDP ratio has abated markedly since the mid-1990s, reflecting both cyclical gains and the return on structural reforms. Nevertheless, the underlying upward pressure on government...
Persistent link: https://www.econbiz.de/10012443874
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Fiscal rules for sub-central governments, update of the institutional indicator
Leyen, Kaja von der - 2013
Fiscal rules that constrain sub-central government (SCG) budgeting are very common across the OECD, but there are substantial cross-country differences in their implementation and impact. This paper presents the 2011 update of the fiscal rules database established in 2005. As in 2005, budget...
Persistent link: https://www.econbiz.de/10009769641
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Local Government Finances : The Link between Intergovernmental Transfers and Net Worth
de Mello, Luiz - 2007
There is a large literature on how the sharing of revenue between different levels of government and the design of intergovernmental transfer schemes affect sub-national finances. Using a panel of OECD countries during 1980-2005, this paper tests for: i) the presence of a stable long-run...
Persistent link: https://www.econbiz.de/10012445469
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Central Control of Regional Budget : Theory with Applications to Russia
Litwack, John - 2001
Motivated by the recent experience in the Russian Federation, this paper examines the implications of imposing central control on the budgetary activities of a subnational government. In a highly stylised multi-task principal-agent model (Holmstrom and Milgrom (1991)), a central government...
Persistent link: https://www.econbiz.de/10012446063
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Local Public Finances and Municipal Reform in Finland
André, Christophe; García, Clara - Economics Department, Organisation de Coopération et … - 2014
Finnish municipalities enjoy ample fiscal autonomy and provide or arrange the provision of a large share of public services. In recent years, their spending and debt has been increasing steadily, especially because of population ageing and increases in the cost of health care and social...
Persistent link: https://www.econbiz.de/10011276871
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Fiscal Consolidation Across Government Levels - Part 2. Fiscal Rules for Sub-central Governments, Update of the Institutional Indicator
Fredriksen, Kaja - Economics Department, Organisation de Coopération et … - 2013
Fiscal rules that constrain sub-central government (SCG) budgeting are very common across the OECD, but there are substantial cross-country differences in their implementation and impact. This paper presents the 2011 update of the fiscal rules database established in 2005. As in 2005, budget...
Persistent link: https://www.econbiz.de/10011276899
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New Evidence on the Effect of Fiscal Decentralization on the Size and Composition of Government Spending
Fiva, Jon H. - In: FinanzArchiv: Public Finance Analysis 62 (2006) 2, pp. 250-280
This paper adds to the literature by utilizing improved data on tax revenue decentralization to reexamine the … relationship between fiscal decentralization and the size of government. An econometric analysis using panel data from 18 OECD … countries shows that fiscal decentralization matters for both the size and the composition of government spending. Tax revenue …
Persistent link: https://www.econbiz.de/10005582221
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Improving fiscal federal relations for a stronger Mexico
Caldera Sánchez, Aida - 2013
Mexico has achieved a high degree of decentralisation in public services, but the Mexican fiscal federal system has important shortcomings. States and municipalities have become heavily dependent on federal transfers to finance a growing share of public spending. This leaves the burden of...
Persistent link: https://www.econbiz.de/10010231114
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Does Fiscal Decentralisation Strengthen Social Capital? : Cross-Country Evidence and the Experiences of Brazil and Indonesia
de Mello, Luiz - 2010
This paper tests the hypothesis that, by giving people more voice in the government decision-making process, fiscal decentralisation fosters social capital, measured in terms of interpersonal trust. Empirical evidence based on World Values Survey data and seemingly unrelated probit estimations...
Persistent link: https://www.econbiz.de/10012444721