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In this study, we analyze the cyclicality of fiscal policies in China during the period 1978-2013. We find that the cyclicality of local government spending in China significantly affects the cyclicality of total government spending. By employing both time-series and province-level panel data,...
Persistent link: https://www.econbiz.de/10011342322
and higher taxes in the future. This paper uses the institutional setting of German fiscal federalism to its advantage in …
Persistent link: https://www.econbiz.de/10012157329