8. State Fiscal Institutions and the U.S. Municipal Bond Market

Chapters in this book

1. Frontmatter i
2. Contents vii
3. Acknowledgments ix
4. Introduction 1
5. 1. Budget Deficits and Budget Institutions 13
6. 2. A Model of Endogenous Fiscal Deficits and Delayed Fiscal Reforms 37
7. 3. Consumption Smoothing through Fiscal Policy in OECD and EU Countries 59
8. 4. Government Fragmentation and Fiscal Policy Outcomes: Evidence from OECD Countries 81
9. 5. Institutional Arrangements and Fiscal Performance: The Latin American Experience 103
10. 6. Politics, Institutions, and Public-Sector Spending in the Argentine Provinces 135
11. 7. Public Debt and Budgetary Procedures: Top Down or Bottom Up? Some Evidence from Swiss Municipalities 151
12. 8. State Fiscal Institutions and the U.S. Municipal Bond Market 181
13. 9. Electoral Institutions, Cabinet Negotiations, and Budget Deficits in the European Union 209
14. 10. Budgetary Institutions and the Levels of Expenditure Outcomes in Australia and New Zealand 233
15. 11. Budgetary Procedures-Aspects and Changes: New Evidence for Some European Countries 265
16. 12. Subnational Budgetary and Stabilization Policies in Canada and Australia 301
17. 13. Coping with Fiscal Stress: Illusion and Reality in Central Government Budgeting in Japan, 1975-1 349
18. Contributors 377
19. Author Index 379
20. Subject Index 383