Too small to fail?: subnational spending pressures in Europe
Saved in:
| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
[Washington, D.C.]
International Monetary Fund
©2013
|
| Series: | IMF working paper
WP/13/46 |
| Subjects: | |
| Online Access: | Volltext |
| Item Description: | Title from PDF title page (IMF Web site, viewed Feb. 25, 2013). - "Fiscal Affairs Department"--Page 2 of pdf. - "February 2013." "The purpose of this paper is to assess whether expenditure decentralization has contributed to weakening fiscal performance in Europe. Using a panel of EU15 countries for the period 1995-2011, we estimate three econometric models and ask the following questions: (1) does the form of spending decentralization affect the general government fiscal balance?; (2) is there evidence of spending duplication?; and (3) are soft budget constraints prevalent at the subnational level in Europe? Our results indicate that current decentralization models may have some shortcomings and efforts to achieve fiscal consolidation would require improvements in three areas: better matching subnational spending and revenues; reshaping some expenditure assignments to reduce overlap; and improving the effectiveness of institutional arrangements at the subnational level"--Abstract Includes bibliographical references (pages 32-35) |
| Physical Description: | 1 Online-Ressource (36 pages) |
| ISBN: | 9781475528404 147552840X |
Staff View
MARC
| LEADER | 00000nmm a2200000zcb4500 | ||
|---|---|---|---|
| 001 | BV042969867 | ||
| 003 | DE-604 | ||
| 005 | 00000000000000.0 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 151030s2013 |||| o||u| ||||||eng d | ||
| 020 | |a 9781475528404 |c electronic bk. |9 978-1-4755-2840-4 | ||
| 020 | |a 147552840X |c electronic bk. |9 1-4755-2840-X | ||
| 035 | |a (OCoLC)828427747 | ||
| 035 | |a (DE-599)BVBBV042969867 | ||
| 040 | |a DE-604 |b ger |e aacr | ||
| 041 | 0 | |a eng | |
| 082 | 0 | |a 332.152 |2 23 | |
| 100 | 1 | |a Eyraud, Luc |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Too small to fail? |b subnational spending pressures in Europe |c Luc Eyraud and Marialuz Moreno Badia |
| 246 | 1 | 3 | |a Subnational spending pressures in Europe |
| 264 | 1 | |a [Washington, D.C.] |b International Monetary Fund |c ©2013 | |
| 300 | |a 1 Online-Ressource (36 pages) | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 490 | 0 | |a IMF working paper |v WP/13/46 | |
| 500 | |a Title from PDF title page (IMF Web site, viewed Feb. 25, 2013). - "Fiscal Affairs Department"--Page 2 of pdf. - "February 2013." | ||
| 500 | |a "The purpose of this paper is to assess whether expenditure decentralization has contributed to weakening fiscal performance in Europe. Using a panel of EU15 countries for the period 1995-2011, we estimate three econometric models and ask the following questions: (1) does the form of spending decentralization affect the general government fiscal balance?; (2) is there evidence of spending duplication?; and (3) are soft budget constraints prevalent at the subnational level in Europe? Our results indicate that current decentralization models may have some shortcomings and efforts to achieve fiscal consolidation would require improvements in three areas: better matching subnational spending and revenues; reshaping some expenditure assignments to reduce overlap; and improving the effectiveness of institutional arrangements at the subnational level"--Abstract | ||
| 500 | |a Includes bibliographical references (pages 32-35) | ||
| 650 | 7 | |a BUSINESS & ECONOMICS / Banks & Banking |2 bisacsh | |
| 650 | 7 | |a Budget |2 fast | |
| 650 | 7 | |a Decentralization in government |2 fast | |
| 650 | 7 | |a Fiscal policy |2 fast | |
| 650 | 7 | |a Government spending policy |2 fast | |
| 650 | 4 | |a Wirtschaft | |
| 650 | 4 | |a Government spending policy |z Europe | |
| 650 | 4 | |a Fiscal policy |z Europe | |
| 650 | 4 | |a Decentralization in government |z Europe | |
| 650 | 4 | |a Budget |z Europe | |
| 651 | 4 | |a Europa | |
| 700 | 1 | |a Moreno Badia, Marialuz |e Sonstige |4 oth | |
| 710 | 2 | |a International Monetary Fund |b Fiscal Affairs Department |e Sonstige |4 oth | |
| 856 | 4 | 0 | |u http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=561202 |x Aggregator |3 Volltext |
| 912 | |a ZDB-4-EBU | ||
| 940 | 1 | |q FLA_PDA_EBU | |
| 999 | |a oai:aleph.bib-bvb.de:BVB01-028395733 | ||
Record in the Search Index
| _version_ | 1804175299429007360 |
|---|---|
| any_adam_object | |
| author | Eyraud, Luc |
| author_facet | Eyraud, Luc |
| author_role | aut |
| author_sort | Eyraud, Luc |
| author_variant | l e le |
| building | Verbundindex |
| bvnumber | BV042969867 |
| collection | ZDB-4-EBU |
| ctrlnum | (OCoLC)828427747 (DE-599)BVBBV042969867 |
| dewey-full | 332.152 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 332 - Financial economics |
| dewey-raw | 332.152 |
| dewey-search | 332.152 |
| dewey-sort | 3332.152 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>02849nmm a2200517zcb4500</leader><controlfield tag="001">BV042969867</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">00000000000000.0</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">151030s2013 |||| o||u| ||||||eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9781475528404</subfield><subfield code="c">electronic bk.</subfield><subfield code="9">978-1-4755-2840-4</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">147552840X</subfield><subfield code="c">electronic bk.</subfield><subfield code="9">1-4755-2840-X</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)828427747</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV042969867</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">aacr</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="082" ind1="0" ind2=" "><subfield code="a">332.152</subfield><subfield code="2">23</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Eyraud, Luc</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Too small to fail?</subfield><subfield code="b">subnational spending pressures in Europe</subfield><subfield code="c">Luc Eyraud and Marialuz Moreno Badia</subfield></datafield><datafield tag="246" ind1="1" ind2="3"><subfield code="a">Subnational spending pressures in Europe</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">[Washington, D.C.]</subfield><subfield code="b">International Monetary Fund</subfield><subfield code="c">©2013</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (36 pages)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">IMF working paper</subfield><subfield code="v">WP/13/46</subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a">Title from PDF title page (IMF Web site, viewed Feb. 25, 2013). - "Fiscal Affairs Department"--Page 2 of pdf. - "February 2013."</subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a">"The purpose of this paper is to assess whether expenditure decentralization has contributed to weakening fiscal performance in Europe. Using a panel of EU15 countries for the period 1995-2011, we estimate three econometric models and ask the following questions: (1) does the form of spending decentralization affect the general government fiscal balance?; (2) is there evidence of spending duplication?; and (3) are soft budget constraints prevalent at the subnational level in Europe? Our results indicate that current decentralization models may have some shortcomings and efforts to achieve fiscal consolidation would require improvements in three areas: better matching subnational spending and revenues; reshaping some expenditure assignments to reduce overlap; and improving the effectiveness of institutional arrangements at the subnational level"--Abstract</subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a">Includes bibliographical references (pages 32-35)</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">BUSINESS & ECONOMICS / Banks & Banking</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Budget</subfield><subfield code="2">fast</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Decentralization in government</subfield><subfield code="2">fast</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Fiscal policy</subfield><subfield code="2">fast</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Government spending policy</subfield><subfield code="2">fast</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Wirtschaft</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Government spending policy</subfield><subfield code="z">Europe</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Fiscal policy</subfield><subfield code="z">Europe</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Decentralization in government</subfield><subfield code="z">Europe</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Budget</subfield><subfield code="z">Europe</subfield></datafield><datafield tag="651" ind1=" " ind2="4"><subfield code="a">Europa</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Moreno Badia, Marialuz</subfield><subfield code="e">Sonstige</subfield><subfield code="4">oth</subfield></datafield><datafield tag="710" ind1="2" ind2=" "><subfield code="a">International Monetary Fund</subfield><subfield code="b">Fiscal Affairs Department</subfield><subfield code="e">Sonstige</subfield><subfield code="4">oth</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=561202</subfield><subfield code="x">Aggregator</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-4-EBU</subfield></datafield><datafield tag="940" ind1="1" ind2=" "><subfield code="q">FLA_PDA_EBU</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-028395733</subfield></datafield></record></collection> |
| geographic | Europa |
| geographic_facet | Europa |
| id | DE-604.BV042969867 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-10T07:14:05Z |
| institution | BVB |
| isbn | 9781475528404 147552840X |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-028395733 |
| oclc_num | 828427747 |
| open_access_boolean | |
| physical | 1 Online-Ressource (36 pages) |
| psigel | ZDB-4-EBU FLA_PDA_EBU |
| publishDate | 2013 |
| publishDateSearch | 2013 |
| publishDateSort | 2013 |
| publisher | International Monetary Fund |
| record_format | marc |
| series2 | IMF working paper |
| spelling | Eyraud, Luc Verfasser aut Too small to fail? subnational spending pressures in Europe Luc Eyraud and Marialuz Moreno Badia Subnational spending pressures in Europe [Washington, D.C.] International Monetary Fund ©2013 1 Online-Ressource (36 pages) txt rdacontent c rdamedia cr rdacarrier IMF working paper WP/13/46 Title from PDF title page (IMF Web site, viewed Feb. 25, 2013). - "Fiscal Affairs Department"--Page 2 of pdf. - "February 2013." "The purpose of this paper is to assess whether expenditure decentralization has contributed to weakening fiscal performance in Europe. Using a panel of EU15 countries for the period 1995-2011, we estimate three econometric models and ask the following questions: (1) does the form of spending decentralization affect the general government fiscal balance?; (2) is there evidence of spending duplication?; and (3) are soft budget constraints prevalent at the subnational level in Europe? Our results indicate that current decentralization models may have some shortcomings and efforts to achieve fiscal consolidation would require improvements in three areas: better matching subnational spending and revenues; reshaping some expenditure assignments to reduce overlap; and improving the effectiveness of institutional arrangements at the subnational level"--Abstract Includes bibliographical references (pages 32-35) BUSINESS & ECONOMICS / Banks & Banking bisacsh Budget fast Decentralization in government fast Fiscal policy fast Government spending policy fast Wirtschaft Government spending policy Europe Fiscal policy Europe Decentralization in government Europe Budget Europe Europa Moreno Badia, Marialuz Sonstige oth International Monetary Fund Fiscal Affairs Department Sonstige oth http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=561202 Aggregator Volltext |
| spellingShingle | Eyraud, Luc Too small to fail? subnational spending pressures in Europe BUSINESS & ECONOMICS / Banks & Banking bisacsh Budget fast Decentralization in government fast Fiscal policy fast Government spending policy fast Wirtschaft Government spending policy Europe Fiscal policy Europe Decentralization in government Europe Budget Europe |
| title | Too small to fail? subnational spending pressures in Europe |
| title_alt | Subnational spending pressures in Europe |
| title_auth | Too small to fail? subnational spending pressures in Europe |
| title_exact_search | Too small to fail? subnational spending pressures in Europe |
| title_full | Too small to fail? subnational spending pressures in Europe Luc Eyraud and Marialuz Moreno Badia |
| title_fullStr | Too small to fail? subnational spending pressures in Europe Luc Eyraud and Marialuz Moreno Badia |
| title_full_unstemmed | Too small to fail? subnational spending pressures in Europe Luc Eyraud and Marialuz Moreno Badia |
| title_short | Too small to fail? |
| title_sort | too small to fail subnational spending pressures in europe |
| title_sub | subnational spending pressures in Europe |
| topic | BUSINESS & ECONOMICS / Banks & Banking bisacsh Budget fast Decentralization in government fast Fiscal policy fast Government spending policy fast Wirtschaft Government spending policy Europe Fiscal policy Europe Decentralization in government Europe Budget Europe |
| topic_facet | BUSINESS & ECONOMICS / Banks & Banking Budget Decentralization in government Fiscal policy Government spending policy Wirtschaft Government spending policy Europe Fiscal policy Europe Decentralization in government Europe Budget Europe Europa |
| url | http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=561202 |
| work_keys_str_mv | AT eyraudluc toosmalltofailsubnationalspendingpressuresineurope AT morenobadiamarialuz toosmalltofailsubnationalspendingpressuresineurope AT internationalmonetaryfundfiscalaffairsdepartment toosmalltofailsubnationalspendingpressuresineurope AT eyraudluc subnationalspendingpressuresineurope AT morenobadiamarialuz subnationalspendingpressuresineurope AT internationalmonetaryfundfiscalaffairsdepartment subnationalspendingpressuresineurope |