The role of fiscal institutions in analysis of fiscal policy
Balanced budget requirements lead to substantial pro-cyclicality in state government spending on infrastructure and public services. Differences in the stringency of states’ budget rules drive the pace at which they must make these adjustments. We show that budget rules (and other fiscal institution...
Clemens, Jeffrey P
|Place of publication:||
University Library of Munich, Germany
|Data of publication:||2011/03|
|Online Access:||available in Bonn?|
Database information Databases - DBIS