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This paper estimates the causal effect of fiscal rules on political budget cycles in a sample of 67 developing countries over the period 1985-2007. We exploit the geographical pattern in the adoption of fiscal rules to isolate an exogenous source of variation in the adoption of national fiscal...
Persistent link: https://www.econbiz.de/10012843304
On January 28 and 29, 2014, the University of Calgary's School of Public Policy (SPP) sponsored a conference on equalization reform. The event provided a forum for current and former federal and provincial officials, academics from Canadian, Spanish and German universities, as well as students...
Persistent link: https://www.econbiz.de/10012942505
This paper empirically investigates the underlying determinants of expenditure decentralization, based on the predictions of a new political economy model of partial decentralization. The analysis is based on an agency model, in which two levels of government are involved in the provision of a...
Persistent link: https://www.econbiz.de/10013053063
This paper empirically investigates the underlying determinants of expenditure decentralization, based on the predictions of a new political economy model of partial decentralization. The analysis is based on an agency model, in which two levels of government are involved in the provision of a...
Persistent link: https://www.econbiz.de/10013053111
Canada's equalization program is supposed to ensure that provinces that lack the same ability to raise revenue as other provinces, due to economic differences, are still able to provide their residents with roughly similar levels of public service. The equalization program itself is ostensibly...
Persistent link: https://www.econbiz.de/10013045594
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