Are fiscal adjustments less successful in decentralized governments?
A common political claim is that decentralized governments undermine policy makers' ability to fight fiscal imbalance. This paper examines how different fiscal institutions influence the likelihood of a successful fiscal adjustment. Using a panel of the Swiss cantons from 1981 to 2001, we first...
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| Main Authors: | , |
|---|---|
| Format: | Book/Monograph Working Paper |
| Language: | English |
| Published: |
Munich
Univ., Center for Economic Studies [u.a.]
2007
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| Series: | CESifo working paper series Public finance
1946 |
| In: |
CESifo working papers (1946)
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| Subjects: | |
| Online Access: |
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| Author Notes: | Christoph A. Schaltegger; Lars P. Feld |
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Are fiscal adjustments less successful in decentralized governments?
Book/Monograph
Working Paper
Online Resource