We examine whether the US and German state governments pursue sustainable fiscal
policies taking into account fiscal transfers. Using panel data techniques we investigate …

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 …

This paper investigates the impact of non-political administrators on the financial
management of local governments. The activity of prefectorial officials is compared with the …

In 2009, a new law on German debt brakes was passed: state governments are not allowed
to run structural deficits after 2020. Consolidation strategies initiated between 2009 and …

Based on a panel of more than 3300 Brazilian municipalities between 1999 and 2012, this
article aims to investigate the influence of the political alignment of municipal governments …

Since 2007 the German state governments have been allowed by a constitutional reform to
set real estate transfer tax rates. We exploit this reform and investigate whether government …

In many countries organized as federations, fiscal equalization schemes have been
implemented to mitigate vertical or horizontal imbalances. Such schemes usually imply that …

This paper investigates how party connections affect the ability of local politicians to obtain
central government funds for their municipality. Using a novel data set for mayoral elections …

In many European countries established leftwing and rightwing parties have been
threatened by policy convergence and, in turn, new populist parties that offer more polarized …

Com base num painel de municıpios brasileiros entre os anos de 1998 e 2008, este artigo
tem como objetivo investigar a influência do alinhamento polıtico dos governos municipais …