2019The B E Journal of Economic Analysis & PolicyRequires access

Fiscal Imbalances and Fiscal Effort of Local Governments

Giuseppe Di Liddo, Ernesto Longobardi, Francesco Porcelli

Open publisher page 7 citations

Abstract

Abstract This paper deals with an important issue in the field of fiscal federalism, the effect of fiscal imbalances on the behaviour of sub-central governments. We provide a simple theoretical model that considers the effect of both forms of fiscal imbalances on the fiscal effort of local governments.

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What this paper is about

Abstract This paper deals with an important issue in the field of fiscal federalism, the effect of fiscal imbalances on the behaviour of sub-central governments. We provide a simple theoretical model that considers the effect of both forms of fiscal imbalances on the fiscal effort of local governments.

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Available abstract

Abstract This paper deals with an important issue in the field of fiscal federalism, the effect of fiscal imbalances on the behaviour of sub-central governments. We provide a simple theoretical model that considers the effect of both forms of fiscal imbalances on the fiscal effort of local governments.

Key concepts: Fiscal federalism, Economics, Fiscal union, Fiscal imbalance, Fiscal policy, Macroeconomics, Field (mathematics), Monetary economics

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