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- W2113180125 abstract "Fiscal 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." @default.
- W2113180125 created "2016-06-24" @default.
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- W2113180125 date "2013-12-01" @default.
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- W2113180125 title "Fiscal decentralization, fiscal rules and fiscal discipline" @default.
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- W2113180125 doi "https://doi.org/10.1016/j.econlet.2013.10.006" @default.
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