This paper analyzes the impact of external price shocks on fiscal policy in Argentina during the last two decades. The paper evaluates, through VAR models with long-term restrictions, the effects of the terms of trade, and the output gap, in revenues, expenditures and the primary fiscal deficit,...

El objetivo de este trabajo es indagar sobre el impacto distributivo de los presupuestos provinciales en la Argentina, ano 1991. Como mas del 50% del gasto provincial es financiado con transferencias nacionales, se trata de responder la misma pregunta relativa a esos regimenes. La Constitucion...

This paper analyzes the impact of external price shocks on fiscal policy in Argentina during the last two decades. The paper evaluates, through VAR models with long-term restrictions, the effects of the terms of trade, and the output gap, in revenues, expenditures and the primary fiscal deficit,...