Arbeitspapier
Determinants of Fiscal Distress in Italian Municipalities
Fiscal distress of local governments and municipalities is a non-negligible component of the public finance turmoil after the Great Recession. In this paper we consider a dataset of Italian municipalities over the period 2000-2012 and look for the main budget determinants of local default. According to our results the default probability is positively affected by the share of loan repayment over total spending. This result is robust to alternative model specifications as well as inclusion of fixed effects, time dummies and macroeconomic control variables.
- Sprache
-
Englisch
- Erschienen in
-
Series: Quaderni - Working Paper DSE ; No. 1024
- Klassifikation
-
Wirtschaft
State and Local Budget and Expenditures
State and Local Borrowing
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Gregori, Wildmer Daniel
Marattin, Luigi
- Ereignis
-
Veröffentlichung
- (wer)
-
Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)
- (wo)
-
Bologna
- (wann)
-
2015
- DOI
-
doi:10.6092/unibo/amsacta/4337
- Handle
- Letzte Aktualisierung
- 10.03.2025, 11:46 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Gregori, Wildmer Daniel
- Marattin, Luigi
- Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)
Entstanden
- 2015
Ähnliche Objekte (12)
Determinants of fiscal distress in Italian municipalities
Diagnosing fiscal distress: Regional evidence from Polish municipalities
Fiscal Rules and Public Spending: Evidence from Italian Municipalities
Organizational Determinants of Whistleblowing. A Study of Italian Municipalities
The determinants of the financial distress of Italian municipalities: How much is it due to inadequate resources?
Exploring land use determinants in Italian municipalities: comparison of spatial econometric models
Ageing municipalities, gerontocracy and fiscal competition
Fiscal rules and the opportunistic behaviour of the incumbent politician: evidence from Italian municipalities
The Determinants of Residential Water Demand Empirical Evidence for a Panel of Italian Municipalities
Correction to: Exploring land use determinants in Italian municipalities: comparison of spatial econometric models
Fiscal Equalization: The Case of German Municipalities
io-Comune: the solution for Italian municipalities
Determinants of fiscal distress in Italian municipalities
Diagnosing fiscal distress: Regional evidence from Polish municipalities
Fiscal Rules and Public Spending: Evidence from Italian Municipalities
Organizational Determinants of Whistleblowing. A Study of Italian Municipalities
The determinants of the financial distress of Italian municipalities: How much is it due to inadequate resources?
Exploring land use determinants in Italian municipalities: comparison of spatial econometric models
Ageing municipalities, gerontocracy and fiscal competition
Fiscal rules and the opportunistic behaviour of the incumbent politician: evidence from Italian municipalities
The Determinants of Residential Water Demand Empirical Evidence for a Panel of Italian Municipalities
Correction to: Exploring land use determinants in Italian municipalities: comparison of spatial econometric models
Fiscal Equalization: The Case of German Municipalities
io-Comune: the solution for Italian municipalities
Determinants of fiscal distress in Italian municipalities
Diagnosing fiscal distress: Regional evidence from Polish municipalities
Fiscal Rules and Public Spending: Evidence from Italian Municipalities
Organizational Determinants of Whistleblowing. A Study of Italian Municipalities
The determinants of the financial distress of Italian municipalities: How much is it due to inadequate resources?
Exploring land use determinants in Italian municipalities: comparison of spatial econometric models
Ageing municipalities, gerontocracy and fiscal competition
Fiscal rules and the opportunistic behaviour of the incumbent politician: evidence from Italian municipalities
The Determinants of Residential Water Demand Empirical Evidence for a Panel of Italian Municipalities
Correction to: Exploring land use determinants in Italian municipalities: comparison of spatial econometric models
Fiscal Equalization: The Case of German Municipalities