search query: @freeterm ideology / total: 10
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| Author: | Perotti, R. Kontopoulos, Y. |
| Title: | Fragmented fiscal policy |
| Journal: | Journal of Public Economics
2002 : NOV, VOL. 86:2, p. 191-222 |
| Index terms: | Decision making Fiscal policy OECD |
| Freeterms: | Ideology |
| Language: | eng |
| Abstract: | In this article the role of fragmentation in determining fiscal outcomes over the 1970-95 period is studied on a panel of 19 OECD countries. First the notion of fragmentation of fiscal policy-making as the degree to which the costs of a dollar of aggregate expenditure are internalized by individual decision-makers if defined. Empirically, this notion has two key logical components: the number of decision-makers and the rules of the game, or the budget process. |
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