Description |
1 online resource (402 pages) |
Series |
National Bureau of Economic Research Conference Report |
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National Bureau of Economic Research conference report.
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Contents |
Fiscal Institutions and Fiscal Performance; Contents; Acknowledgments; Introduction; 1. Budget Deficits and Budget Institutions; 2. A Model of Endogenous Fiscal Deficits and Delayed Fiscal Reforms; 3. Consumption Smoothing through Fiscal Policy in OECD and EU Countries; 4. Government Fragmentation and Fiscal Policy Outcomes: Evidence from OECD Countries; 5. Institutional Arrangements and Fiscal Performance: The Latin American Experience; 6. Politics, Institutions, and Public-Sector Spending in the Argentine Provinces |
Summary |
The unprecedented rise and persistence of large-scale budget deficits in many developed and developing nations during the past three decades has caused great concern. The widespread presence of such deficits has proved difficult to explain. Their emergence in otherwise diverse nations defies particularistic explanations aimed at internal economic developments within a specific country. Fiscal Institutions and Fiscal Performance shifts emphasis away from narrow economic factors to more broadly defined political and institutional factors that affect government policy and national debt. This coll |
Analysis |
budget deficits, government, spending, finance, economy, economics, nonfiction, national debt, regulation, fiscal, consumption smoothing, latin america, oecd, european union, eu, argentina, switzerland, municipalities, bond market, australia, new zealand, negotiation, cabinet, elections, expenditure, stabilization, canada, japan |
Notes |
Print version record |
Subject |
Budget deficits -- Congresses
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Deficit financing -- Congresses
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Fiscal policy -- Congresses
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Budget deficits
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Deficit financing
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Fiscal policy
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Genre/Form |
Conference papers and proceedings
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Form |
Electronic book
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Author |
Von Hagen, Jurgen
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ISBN |
9780226676302 |
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0226676307 |
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