In this paper, we identify discretionary fiscal policies of the federal government and the ten provincial governments over the period 1962-1996. The characteristics of fiscal expansions and contractions are compared. Over this period, 'balanced' approaches to deficit changes were reserved for...

We undertake a case study of the budgetary reforms implemented in 1993 in the province of Alberta, Canada. Canadian provinces operate under political and institutional regimes which differ from those of US states but which closely resemble those member states of the proposed EMU. We examine the...