This paper analyses sub-national (State and Local) government spending in Australia at the determinants of State and Local expenditure in terms of its allocation within the public sector, that is, the functions to which this level of government devotes resources. The Quantitive analysis is...

This paper explores a new approach to identifying government spending shocks which avoids many of the shortcomings of existing approaches. The new approach is to identify government spending shocks with statistical innovations to the accumulated excess returns of large US military contractors....

This paper reviews arguments for and against the central government controlling local government expenditure of macroeconomic purposes.

A theory of government policy determination, based on intertemporal distortion-smoothing and limited commitment, matches the set of stylized facts of U.S. wartime policy.