The COVID-19 pandemic has put immense pressure on the fiscal situation. Central revenues have decelerated while expenditures had to be increased to facilitate economic recovery. Local governments faced even harder challenges as intergovernmental transfers were reduced and room for mobilizing...

The impact of COVID-19 and the use of shelter in place orders upon county-level government revenues and the future fiscal health of these municipalities is an ongoing concern for county government officials. Florida presents a unique case as the state relies on the sales tax revenue driven by...

Fiscal rules are laws aimed at reducing the incentive to accumulate debt, and many countries adopt them to discipline local governments. Yet, their effectiveness is disputed because of commitment and enforcement problems. We study their impact applying a quasi-experimental design in Italy. In...