LEADER 04808nam 2200709 a 450 001 9910777045603321 005 20230612210902.0 010 $a1-281-43105-2 010 $a9786611431051 010 $a0-226-67630-7 024 7 $a10.7208/9780226676302 035 $a(CKB)1000000000412797 035 $a(EBL)408273 035 $a(OCoLC)476228339 035 $a(SSID)ssj0000155642 035 $a(PQKBManifestationID)11148566 035 $a(PQKBTitleCode)TC0000155642 035 $a(PQKBWorkID)10113270 035 $a(PQKB)11505895 035 $a(MiAaPQ)EBC408273 035 $a(DE-B1597)535732 035 $a(OCoLC)1055310831 035 $a(DE-B1597)9780226676302 035 $a(Au-PeEL)EBL408273 035 $a(CaPaEBR)ebr10230047 035 $a(CaONFJC)MIL143105 035 $a(EXLCZ)991000000000412797 100 $a19980923d1999 uy 0 101 0 $aeng 135 $aurnn#---|u||u 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 00$aFiscal institutions and fiscal performance /$feditors, James M. Poterba, Ju?rgen von Hagen 210 1$aChicago :$cUniversity of Chicago Press,$d1999. 215 $a1 online resource (402 pages) $cillustrations 225 1 $aNational Bureau of Economic Research conference report 225 1 $aConference report (National Bureau of Economic Research) 300 $aDescription based upon print version of record. 311 0 $a0-226-67623-4 320 $aIncludes bibliographical references and indexes. 327 $tFront matter --$tContents --$tAcknowledgments --$tIntroduction --$t1. Budget Deficits and Budget Institutions --$t2. A Model of Endogenous Fiscal Deficits and Delayed Fiscal Reforms --$t3. Consumption Smoothing through Fiscal Policy in OECD and EU Countries --$t4. Government Fragmentation and Fiscal Policy Outcomes: Evidence from OECD Countries --$t5. Institutional Arrangements and Fiscal Performance: The Latin American Experience --$t6. Politics, Institutions, and Public-Sector Spending in the Argentine Provinces --$t7. Public Debt and Budgetary Procedures: Top Down or Bottom Up? Some Evidence from Swiss Municipalities --$t8. State Fiscal Institutions and the U.S. Municipal Bond Market --$t9. Electoral Institutions, Cabinet Negotiations, and Budget Deficits in the European Union --$t10. Budgetary Institutions and the Levels of Expenditure Outcomes in Australia and New Zealand --$t11. Budgetary Procedures-Aspects and Changes: New Evidence for Some European Countries --$t12. Subnational Budgetary and Stabilization Policies in Canada and Australia --$t13. Coping with Fiscal Stress: Illusion and Reality in Central Government Budgeting in Japan, 1975-1 --$tContributors --$tAuthor Index --$tSubject Index 330 $aThe unprecedented rise and persistence of large-scale budget deficits in many developed and developing nations during the past three decades has caused great concern. The widespread presence of such deficits has proved difficult to explain. Their emergence in otherwise diverse nations defies particularistic explanations aimed at internal economic developments within a specific country. Fiscal Institutions and Fiscal Performance shifts emphasis away from narrow economic factors to more broadly defined political and institutional factors that affect government policy and national debt. This collection brings together new theoretical models, empirical evidence, and a series of in-depth case studies to analyze the effect of political institutions, fiscal regulations, and policy decisions on accumulating deficits. It provides a fascinating overview of the political and economic issues involved and highlights the role of budgetary institutions in the formation of budget deficits. 410 0$aNational Bureau of Economic Research conference report. 410 0$aConference report (National Bureau of Economic Research) 606 $aBudget deficits$vCongresses 606 $aFiscal policy$vCongresses 606 $aDeficit financing$vCongresses 610 $abudget deficits, government, spending, finance, economy, economics, nonfiction, national debt, regulation, fiscal, consumption smoothing, latin america, oecd, european union, eu, argentina, switzerland, municipalities, bond market, australia, new zealand, negotiation, cabinet, elections, expenditure, stabilization, canada, japan. 615 0$aBudget deficits 615 0$aFiscal policy 615 0$aDeficit financing 676 $a336.3 701 $aPoterba$b James M$0123221 701 $aHagen$b Ju?rgen von$0422303 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910777045603321 996 $aFiscal institutions and fiscal performance$93806088 997 $aUNINA