Die Gebietskörperschaften in Deutschland sind zunehmend bestrebt, private Finanzierungsmodelle für den Bau und den Betrieb von Einrichtungen der Verkehrsinfrastruktur zu realisieren. Vor diesem Hintergrund wird versucht, mittels einer detaillierten Auswertung der Haushaltspläne des Bundes und...

The purpose of this paper is to encourage and support academic research related to U.S. state and local government financial reporting. We (1) provide an overview of U.S. state and local governments and their financial reporting, (2) discuss sources of government data available to researchers,...

The National Academies of Sciences, Engineering, and Medicine (2016) report on the economic and fiscal effects of immigration included the first set of comprehensive fiscal impacts published in twenty years. The estimates highlight the pivotal role of the public goods assumption. If immigrants...

The article reviews Russia's financial system for a period from 2000 through 2010 as regards issues of the finance theory, financial relations practices and academic community. It is noted that some aspects of financial relations, such as financial ethics, illegal financial relationships and...

This Article exposes a misapplication of federalism as the driving force behind the Supreme Court's extreme narrowing of the 42 U.S.C. § 1983 remedy for beneficiaries of federal-state cooperative spending programs. Originally, the Court applied a presumption, via § 1983's straightforward...

Self-governments are given new tasks without guaranteeing resources for their completion, an example of which is lowering the school obligation age.There are also some savings of the state budget at the expense of territorial selfgovernment. All these and other changes, including those planned...

According to the results of Q3 2022, total revenues of consolidated budgets of the subjects of the Russian Federation amounted to Rb14.06 trillion, which is by 17.9% higher than the value of this indicator for the same period in 2021 and exceeds the annual inflation rate. These figures have been...

The business model used by Congress to pay for Social Security, Medicare and national debt is our costliest federal mandate. Because they run a national retirement plan without using compound interest, Congress makes us pay TWELVE dollars to do a ONE-dollar job. This business model is the root...

We implement a meta-regression-analysis for the budgetary impact of numerical fiscal rules. Based on 30 studies published in the last decade, we offer a consensus estimate with respect to the level of statistical significance, provide suggestive evidence for the effect size, and identify study...

This paper investigates the performance of fiscal rules in resource-rich countries (RRC). Using panel data for 57 commodity exporting countries from 1976 to 2021, we find that fiscal rules: (i) reduce the procyclicality of real public expenditures with terms of trade in oil exporting countries,...