Budgetary and Dietary Surveys

Budgeting and Budgetary Institutions

The relationship between two consequences of budgetary controls: budgetary slack creation and managerial short-term orientation$

Previous studies have provided contradictory evidence with respect to the e€ect of rigid budgetary controls on slack and other dysfunctional behaviors. One motivation for the current study was to test whether spillover e€ects exist between two alleged dysfunctional consequences of a rigid budgetary control style: budget slack creation and managerial short-term orientation. The data support this...

Future fiscal and budgetary shocks

We study here the effects of future tax and budgetary shocks on present levels of economic activity and real interest rates in a nonmonetary and possibly non-Ricardian economy. The paper first takes up an (unanticipated) temporary tax cut to be effective on a given future date—a delayed “debt bomb.” The sudden prospect of this future-dated shock causes at once a drop in the (unit) value placed ...

Grazing the Budgetary Commons:

Property , Taxation , and the Budgetary Commons