Fiscal decentralization, fiscal rules and fiscal discipline

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dc.citation.epage532en_US
dc.citation.issueNumber3en_US
dc.citation.spage528en_US
dc.citation.volumeNumber121en_US
dc.contributor.authorNeyapti, B.en_US
dc.date.accessioned2016-02-08T11:04:01Z
dc.date.available2016-02-08T11:04:01Z
dc.date.issued2013en_US
dc.departmentDepartment of Economicsen_US
dc.description.abstractFiscal decentralization (FD) and fiscal rules (FR) are institutional mechanisms that are implemented by varying degrees in increasing number of countries. This paper investigates empirically the effect of FR on the effectiveness of FD in achieving fiscal discipline. Panel evidence strongly supports that balanced budget and expenditure rules help FD to achieve this goal, while debt rule has a direct disciplinary effect.en_US
dc.identifier.doi10.1016/j.econlet.2013.10.006en_US
dc.identifier.eissn1873-7374
dc.identifier.issn0165-1765
dc.identifier.urihttp://hdl.handle.net/11693/26727
dc.language.isoEnglishen_US
dc.publisherElsevieren_US
dc.relation.isversionofhttp://dx.doi.org/10.1016/j.econlet.2013.10.006en_US
dc.source.titleEconomics Lettersen_US
dc.subjectBudget deficitsen_US
dc.subjectFiscal decentralizationen_US
dc.subjectFiscal institutionsen_US
dc.subjectFiscal rulesen_US
dc.titleFiscal decentralization, fiscal rules and fiscal disciplineen_US
dc.typeArticleen_US

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