haku: @author Perotti, R. / yhteensä: 10
viite: 4 / 10
| Tekijä: | Perotti, R. Kontopoulos, Y. |
| Otsikko: | Fragmented fiscal policy |
| Lehti: | Journal of Public Economics
2002 : NOV, VOL. 86:2, p. 191-222 |
| Asiasana: | Decision making Fiscal policy OECD |
| Vapaa asiasana: | Ideology |
| Kieli: | eng |
| Tiivistelmä: | 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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