Fiscal Policy and Fractionalization
Mar 2004 · GRIN Verlag
Ebook
15
Pages
family_home
Eligible
info
About this ebook
Seminar paper from the year 2004 in the subject Economics - Monetary theory and policy, grade: 2.0 (B), Free University of Berlin (Economics), course: Seminar, language: English, abstract: Political fragmentation is regularly considered to be a relevant factor affecting the outcomes of fiscal policy. It is assumed that a fragmented fiscal policy process leads to higher expenditures and subsequently in a higher deficit. But “hard evidence” in support of this hypothesis is rare, and conclusions can only be drawn very carefully. The present paper gives an overview of the existing literature on the role of (size) fragmentation and its effects on fiscal policy outcomes. The main focus is on the work contributed by Yianos Kontopoulos and Roberto Perotti, who used a panel of 20 OECD countries over 1960-1995 for their analysis of government fragmentation.
Rate this ebook
Tell us what you think.
Reading information
Smartphones and tablets
Install the Google Play Books app for Android and iPad/iPhone. It syncs automatically with your account and allows you to read online or offline wherever you are.
Laptops and computers
You can listen to audiobooks purchased on Google Play using your computer's web browser.
eReaders and other devices
To read on e-ink devices like Kobo eReaders, you'll need to download a file and transfer it to your device. Follow the detailed Help Center instructions to transfer the files to supported eReaders.
