La política de transferencias intergubernamentales y los déficits del gobierno local: teoría y evidencia

The purpose of this paper is twofold. First, we present a model of decentralized fiscal policy making where a "coordination failure" problem arises. Second, we make an effort in order to empirically test this approach by developing an empirical investigation based on the recent experience...

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Bibliographic Details
Main Author: Sanguinetti, Pablo J.
Format: Online
Language:English
Editor: El Colegio de México, A.C. 1993
Subjects:
Online Access:https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/291
Journal:

Estudios Económicos

Description
Summary:The purpose of this paper is twofold. First, we present a model of decentralized fiscal policy making where a "coordination failure" problem arises. Second, we make an effort in order to empirically test this approach by developing an empirical investigation based on the recent experience of two countries: Argentina and Great Britain.