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Vertical effects of fiscal rules : the Swiss experience
Burret, Heiko T.; Feld, Lars P. - 2014
) provides little evidence that budget constraints at the cantonal level affect municipal finances and fiscal decentralization …
Persistent link: https://www.econbiz.de/10010424734
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Vertical effects of fiscal rules : the Swiss experience
Burret, Heiko T.; Feld, Lars P. - 2016
evidence that budget constraints at the cantonal level affect average municipal finances and fiscal decentralization. …
Persistent link: https://www.econbiz.de/10011410014
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Fiscal rules and public spending : evidence from Italian municipalities
Gregori, Wildmer Daniel - 2014
The aim of this paper is to investigate the extent to which local budget spending composition reacts to fiscal rules variations. I consider the budget of Italian municipalities and exploit specific changes in the Domestic Stability Pact's rules, to perform a difference-in-discontinuities...
Persistent link: https://www.econbiz.de/10011729173
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Government decentralization program in Indonesia
Nasution, Anwar - 2016
development planning with a wide range of decentralization programs. The reforms gave greater authority, political power, and …, unlike in many developing and transition countries, the decentralization program in Indonesia has not caused major political … or economic problems. However, the decentralization program was ill prepared and not carried out in a logical order for …
Persistent link: https://www.econbiz.de/10011561585
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Local public finances and municipal reform in Finland
André, Christophe; García, Clara - 2014
Finnish municipalities enjoy ample fiscal autonomy and provide or arrange the provision of a large share of public services. In recent years, their spending and debt has been increasing steadily, especially because of population ageing and increases in the cost of health care and social...
Persistent link: https://www.econbiz.de/10010375402
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Frameworks for central-local government relations and fiscal sustainability
Morgan, Peter J.; Trinh, Long Q. - 2016
stability and sustainability at both the central and local government levels. Based upon the evidence on the decentralization …
Persistent link: https://www.econbiz.de/10011561683
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Fiscal decentralization and local budget deficits in Viet Nam : an empirical analysis
Morgan, Peter J.; Trinh, Long Q. - 2016
Since 1975, Viet Nam has gradually decentralized more fiscal responsibilities to local authorities. This study has two objectives: (i) to take stock of the current institutional framework for intergovernmental fiscal relations in Viet Nam, and (ii) to empirically assess the debt sustainability...
Persistent link: https://www.econbiz.de/10011561785
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The system of revenue sharing and fiscal transfers in China
Wang, Xiao; Herd, Richard - 2013
The main features of China’s current sub-national finance arrangements date back to the 1994 tax reform. China has a multi-level government structure that shares national tax revenues through a system of tax sharing and transfers, and divides spending assignments and responsibilities. Local...
Persistent link: https://www.econbiz.de/10009711209
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Beyond the centre : tracing decentralization’s influence on time-varying fiscal sustainability
Afonso, António; Alves, José; Jalles, João Tovar; … - 2024
This paper explores the nuanced relationship between fiscal decentralization and fiscal sustainability. Employing panel … data analyses, it scrutinizes how decentralization influences fiscal discipline across different governmental levels …. Results for 185 countries show that while tax decentralization often hampers the degree of fiscal responsiveness, potentially …
Persistent link: https://www.econbiz.de/10014543839
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Do fiscal rules reduce public investment? : evidence from European regions
Mühlenweg, Leonard; Gerling, Lena - 2023
This paper analyses the impact of fiscal rules on different public spending categories, namely public expenditure and investment, at the subnational level in Europe. Building on the notion of the deficit bias, we suspect that in the presence of fiscal rules, politicians have an incentive to...
Persistent link: https://www.econbiz.de/10014314210