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The politics of intergovernmental deficits: Theory and evidence

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  • Pablo J. Sanguinetti

    (Universidad Torcuato Di tella)

Abstract

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.

Suggested Citation

  • Pablo J. Sanguinetti, 1993. "The politics of intergovernmental deficits: Theory and evidence," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, vol. 8(1), pages 87-109.
    • Handle: RePEc:emx:esteco:v:8:y:1993:i:1:p:87-109
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    File URL: https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/291/294
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    References listed on IDEAS

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    Cited by:

    1. Fausto Hernández Trillo & Alberto Díaz Cayeros & Rafael Gamboa González, 2002. "Fiscal Decentralization in Mexico: The Bailout Problem," Research Department Publications 3143, Inter-American Development Bank, Research Department.
    2. Juan Pablo Nicolini & Josefina Posadas & Juan Sanguinetti & Pablo Sanguinetti & Mariano Tommasi, 2002. "Decentralization, Fiscal Discipline in Sub-National Governments and the Bailout Problem: The Case of Argentina," Research Department Publications 3160, Inter-American Development Bank, Research Department.

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