Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/82079
Authors: 
Alt, James E.
Dreyer Lassen, David
Rose, Shanna
Year of Publication: 
2006
Series/Report no.: 
EPRU Working Paper Series 2006-02
Abstract: 
We use unique panel data on the evolution of transparent budget procedures in the American states over the past three decades to explore the political and economic determinants of fiscal transparency. Our case studies and quantitative analysis suggest that both politics and fiscal policy outcomes influence the level of transparency. More equal political competition and power sharing are associated with both greater levels of fiscal transparency and increases in fiscal transparency during the sample period. Political polarization and past fiscal conditions, in particular state government debt and budget imbalance, also appear to affect the level of transparency.
JEL: 
D72
D78
H70
Document Type: 
Working Paper

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