Arbeitspapier
Vertical effects of fiscal rules: The Swiss experience
Formal fiscal rules have been introduced in many countries throughout the world. While most studies focus on the intra-jurisdictional effects of fiscal rules, vertical effects on the finances of other levels of government have yet to be explored thoroughly. This paper investigates the influence of Swiss cantonal debt brakes on municipal finances during the years 1980-2011 by examining aggregated and disaggregated local data. A Difference-in-Differences estimation (twoway fixed effects) provides little evidence that budget constraints at the cantonal level affect average municipal finances and fiscal decentralization.
- Sprache
-
Englisch
- Erschienen in
-
Series: Freiburger Diskussionspapiere zur Ordnungsökonomik ; No. 16/01
- Klassifikation
-
Wirtschaft
National Budget, Deficit, and Debt: General
Intergovernmental Relations; Federalism; Secession
State and Local Borrowing
State and Local Budget and Expenditures
- Thema
-
Fiscal Rule
Vertical Effect
Fiscal Shock
Decentralization
Sub-national Finances
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Burret, Heiko T.
Feld, Lars P.
- Ereignis
-
Veröffentlichung
- (wer)
-
Albert-Ludwigs-Universität Freiburg, Institut für Allgemeine Wirtschaftsforschung, Abteilung für Wirtschaftspolitik und Ordnungsökonomik
- (wo)
-
Freiburg i. Br.
- (wann)
-
2016
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 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
- Burret, Heiko T.
- Feld, Lars P.
- Albert-Ludwigs-Universität Freiburg, Institut für Allgemeine Wirtschaftsforschung, Abteilung für Wirtschaftspolitik und Ordnungsökonomik
Entstanden
- 2016
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