Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/82916 
Erscheinungsjahr: 
2001
Schriftenreihe/Nr.: 
Working Paper No. 2001:10
Verlag: 
Uppsala University, Department of Economics, Uppsala
Zusammenfassung: 
The paper investigates the intertemporal spending behavior of Scandinavian local governments with particular attention to liquidity constraints imposed by balanced-budget-rules and other regulations. The main finding is that Danish local governments are more able to smooth current expenditures than their Norwegian and Swedish counterparts. Whereas the permanent-income hypothesis cannot be rejected for Denmark, it is in most cases rejected for Norway and Sweden. The Swedish system of market-based control and the Norwegian system of administrative control seem to produce similar results in terms of consumption smoothing.
Schlagwörter: 
Local government consumption
Intertemporal decision-making
JEL: 
D99
H72
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
58.85 kB





Publikationen in EconStor sind urheberrechtlich geschützt.