Verfügbarkeit: How Should Subnational Government Borrowing Be Regulated?

How Should Subnational Government Borrowing Be Regulated?: Some Cross-Country Empirical Evidence

Countries have adopted various institutional responses to subnational government borrowing. Using a sample of 44 countries 1982-2000, this paper provides a panel data analysis to determine the most effective borrowing constraints for containing local fiscal deficits. The results suggest that no sing...

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1. Verfasser:	Plekhanov, Alexander (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 2005
Schriftenreihe:	IMF Working Papers Working Paper No. 05/54
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 URL des Erstveröffentlichers
Zusammenfassung:	Countries have adopted various institutional responses to subnational government borrowing. Using a sample of 44 countries 1982-2000, this paper provides a panel data analysis to determine the most effective borrowing constraints for containing local fiscal deficits. The results suggest that no single institutional arrangement is superior under all circumstances. The appropriateness of specific arrangements depends upon other institutional characteristics, particularly the degree of vertical fiscal imbalance, the existence of any bailout precedent, and the quality of fiscal reporting
Beschreibung:	1 Online-Ressource (33 p)
ISBN:	1451860730 9781451860733

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spelling	Plekhanov, Alexander Verfasser aut How Should Subnational Government Borrowing Be Regulated? Some Cross-Country Empirical Evidence Plekhanov, Alexander Washington, D.C International Monetary Fund 2005 1 Online-Ressource (33 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 05/54 Countries have adopted various institutional responses to subnational government borrowing. Using a sample of 44 countries 1982-2000, this paper provides a panel data analysis to determine the most effective borrowing constraints for containing local fiscal deficits. The results suggest that no single institutional arrangement is superior under all circumstances. The appropriateness of specific arrangements depends upon other institutional characteristics, particularly the degree of vertical fiscal imbalance, the existence of any bailout precedent, and the quality of fiscal reporting Online-Ausg Singh, Raju Jan Sonstige oth http://elibrary.imf.org/view/IMF001/03166-9781451860733/03166-9781451860733/03166-9781451860733.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Plekhanov, Alexander How Should Subnational Government Borrowing Be Regulated? Some Cross-Country Empirical Evidence
title	How Should Subnational Government Borrowing Be Regulated? Some Cross-Country Empirical Evidence
title_auth	How Should Subnational Government Borrowing Be Regulated? Some Cross-Country Empirical Evidence
title_exact_search	How Should Subnational Government Borrowing Be Regulated? Some Cross-Country Empirical Evidence
title_exact_search_txtP	How Should Subnational Government Borrowing Be Regulated? Some Cross-Country Empirical Evidence
title_full	How Should Subnational Government Borrowing Be Regulated? Some Cross-Country Empirical Evidence Plekhanov, Alexander
title_fullStr	How Should Subnational Government Borrowing Be Regulated? Some Cross-Country Empirical Evidence Plekhanov, Alexander
title_full_unstemmed	How Should Subnational Government Borrowing Be Regulated? Some Cross-Country Empirical Evidence Plekhanov, Alexander
title_short	How Should Subnational Government Borrowing Be Regulated?
title_sort	how should subnational government borrowing be regulated some cross country empirical evidence
title_sub	Some Cross-Country Empirical Evidence
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