Debt burden, local Fiscal Decentralization and Fiscal Incentives of Regional Authorities
نویسندگان
چکیده
منابع مشابه
Fiscal decentralization and public debt
Excessive borrowing by subnational governments due to soft budget constraints and intergovernmental coordination failures might be one of the perils of decentralization. Despite a large body of case studies, empirical investigations on whether decentralization increases consolidated public debt levels are still scarce. This paper contributes to the literature by exploring econometrically for se...
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ژورنال
عنوان ژورنال: Finance: Theory and Practice
سال: 2020
ISSN: 2587-7089,2587-5671
DOI: 10.26794/2587-5671-2020-24-1-58-75