Freitag, Markus; Vatter, Adrian - In: Publius: The Journal of Federalism 38 (2008) 2, pp. 272-294
This article analyses the relationship between decentralization and the extent of fiscal discipline in the Swiss cantons between 1984 and 2000. From a theoretical point of view, decentralization and federalism can be associated with both an expansive and a dampening effect on government debt. On...