Resource title

Asymmetric and non-linear adjustments in local fiscal policy

Resource image

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Resource description

We analyse the revenue-expenditure patterns of local governments, allowing for asymmetric and non-linear adjustments of local spending and taxation to disequilibrium errors. Our results provide evidence of a downward inflexibility of both local government spending and local taxation, pointing to a budget-maximising local government.

Resource author

Gabriella Deborah Legrenzi

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/26595

Resource license

Adapt according to the presented license agreement and reference the original author.