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dc.contributor.authorDarby, Juliaen_US
dc.contributor.authorMuscatelli, Antonen_US
dc.contributor.authorRoy, Graemeen_US
dc.coverage.temporal1970-1999en_US
dc.date.accessioned2009-01-28T15:52:03Z-
dc.date.available2009-01-28T15:52:03Z-
dc.date.issued2004en_US
dc.identifier.urihttp://hdl.handle.net/10419/18670-
dc.description.abstractIn this paper we examine financial interactions between tiers of government. Whilst most existing empirical evidence has focused on the US, it is difficult to generalize conclusions obtained to countries where the position and remit of lower tiers of government is evolving or is less clear constitutionally. Applying event study methodology to a dataset covering 15 countries we examine the timing, extent and composition of fiscal changes around consolidation attempts and central government grant cuts. Highlighting the participation of central and sub-central tiers of government, our analysis also sheds light on key outcomes, including decentralized service provision and macroeconomic adjustment.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesCESifo working papers 1305en_US
dc.subject.jelH11en_US
dc.subject.jelE65en_US
dc.subject.jelE62en_US
dc.subject.jelH77en_US
dc.subject.ddc330en_US
dc.subject.stwFinanzföderalismusen_US
dc.subject.stwFinanzausgleichen_US
dc.subject.stwHaushaltskonsolidierungen_US
dc.subject.stwSchätzungen_US
dc.subject.stwOECD-Staatenen_US
dc.titleFiscal federalism, fiscal consolidations and cuts in central government grants : evidence from an event studyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn477374336en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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