This paper provides new evidence on the determinants of the US federal budget allocation to the states. Departing from the existing literature that gives prominence to Congress, we carry on an empirical investigation on the impact of Presidents during the period 1982-2000. Our findings suggest...

In 2014, Russia's budgetary sphere was operating under the cumulative influence of several negative factors. A further slowdown in the national economy's growth rate to 0.6% (vs. 1.3% in 2013) occurred due to the declining prices of oil in the second half-year of 2014. The average annual price...

According to the Federal Treasury, within January-March 2013, the federal budget revenues decreased by 2.1 p.p. of GDP as compared with the same period of the last year due to a reduction of oil and gas revenues by 1.8 p.p. of GDP and non-oil revenues by 0.3 p.p. of GDP. Despite the reduction in...

A draft law On Federal Budget for 2017 and the Planning Period 2018 and 2019 describes 2016 as a period of adjusting to external economic challenges. The period is planned to be followed by a period of reaching balanced economic development parameters. However, this will, among other things,...

According to the data released by the Federal Treasury, by the period end for January–October 2015 the federal budget revenues contracted by 1.1 p.p. of GDP and expenditures moved up by 2.2 p.p. of GDP compared to the same period last year. As a result, the federal budget deficit constituted...

According to the Federal Treasury, as of the period-end results for January–September 2015 the federal budget revenues contracted 1.3 p.p. of GDP and expenditures went up 2.4 .p. of GDP in comparison with the same period of the previous year. Revenues and expenditures of the consolidated...

According to the Federal Treasury, as of the period-end results for January-August 2015 the federal budget revenues contracted 1.6 p.p. of GDP, and expenditures went up 2.5 p.p. of GDP in comparison with the same period of the last year. Revenues and expenditures of the consolidated budget of...

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,...

According to the data provided by the Federal Treasury of Russia, federal budget revenues increased 1.2 p.p. of GDP in the period of January to May 2014 compared to the corresponding period of the previous year. Consolidated budget revenues of the constituent territories of the Russian...

According to the data of the Federal Treasury, in January-April 2014 the federal budget revenues rose by 0.9 p.p. of GDP as compared to the respective period of the previous year due to accelerated growth of 1.2 p.p. of GDP in oil and gas revenues. In January-March 2014, revenues of the...