and growth Pact but focuses on ex ante limits to expenditure. Such a rule would imply that in periods of growth above …

and expenditure and management responsibilities of different levels of government. While the creation of federal districts … evaluating the response of regional government’s expenditures to changes in the size of the GRP (gross regional product) and to … changes in the region’s tax collections. While the results related to regional shares of tax revenues and expenditures are …

taxation and the various forms of subsidy and social welfare provision. Despite the removal of many former subsidies, the paper … research exercise!), further reform of the tax and public expenditure system, and extensive training of Hungary's public …

, increasing expenditures? In this paper, we study such tax pot episodes in OECD countries over the last 40 years. To that end, we … revenues, as it is generally better for future growth and debt level to use the money to reduce expenditures and taxes. …