Arbeitspapier
The Intertemporal Spending Behavior of Local Governments: A Comparative Analysis of the Scandinavian Countries
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.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 2001:10
- Klassifikation
-
Wirtschaft
State and Local Budget and Expenditures
- Thema
-
Local government consumption
Intertemporal decision-making
Kommunale Ausgaben
Vergleich
Schweden
Norwegen
Dänemark
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Borge, Lars-Erik
Dahlberg, Matz
Tovmo, Per
- Ereignis
-
Veröffentlichung
- (wer)
-
Uppsala University, Department of Economics
- (wo)
-
Uppsala
- (wann)
-
2001
- Handle
- URN
-
urn:nbn:se:uu:diva-2518
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Borge, Lars-Erik
- Dahlberg, Matz
- Tovmo, Per
- Uppsala University, Department of Economics
Entstanden
- 2001
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