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Revenue vs expenditure based fiscal consolidation: the pass-through from federal cuts to local taxes

A growing literature emphasizes that the output effect of fiscal consolidation hinges on its composition, as the choice of increasing revenues vs cutting expenditure is not neutral. Existing studies, however, underscore the role of local governments in a federal setting. Indeed, transfer cuts at the...

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Detalles Bibliográficos
Autores principales: Marattin, Luigi, Nannicini, Tommaso, Porcelli, Francesco
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer US 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9279242/
https://www.ncbi.nlm.nih.gov/pubmed/35845433
http://dx.doi.org/10.1007/s10797-021-09682-1