Decentralization, Fiscal Discipline in Sub-National Governments and the Bailout Problem: The Case of Argentina
This paper examines the determinants of fiscal performance of sub-national governments in Argentina. This will be done through analysis and examination of the overall regime of incentives, through an analysis of salient episodes of `bailout` and through cross-sectional empirical analysis. The bailout episodes to be analyzed will include mostly those that occurred in the relationship between the national and provincial governments. Of primary interest will be the process that caused the crises and how both the provinces and the federal government reacted, with an emphasis on the incentives and constraints each faced. The paper will also try to explain the actual form that the bailout takes. The empirical analysis will emphasize those determinants of bailout related to the institutional design of intergovernmental fiscal institutions. Thus, the study will have direct implications regarding the strengths and weaknesses of the current institutional framework in generating sound fiscal behavior by the different levels of government.
|Date of creation:||Aug 2002|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://www.iadb.org/res
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- repec:tpr:qjecon:v:107:y:1992:i:2:p:327-61 is not listed on IDEAS
- Mark P. Jones & Pablo Sanguinetti & Mariano Tommasi, 1999.
"Politics, Institutions, and Public-Sector Spending in the Argentine Provinces,"
in: Fiscal Institutions and Fiscal Performance, pages 135-150
National Bureau of Economic Research, Inc.
- Mariano Tommasi & Mark P. Jones & Pablo Sanguinetti, 1997. "Politics, Institutions and Public Sector Spending in the Argentine Provinces," Working Papers 17, Universidad de San Andres, Departamento de Economia, revised Jan 1999.
- Clarke, George R.G. & Cull, Robert, 1998. "The political economy of privatization : an empirical analysis of bank privatization in Argentina," Policy Research Working Paper Series 1962, The World Bank.
- Jones, Mark P. & Sanguinetti, Pablo & Tommasi, Mariano, 2000. "Politics, institutions, and fiscal performance in a federal system: an analysis of the Argentine provinces," Journal of Development Economics, Elsevier, vol. 61(2), pages 305-333, April.
- Hopenhayn, H. & Nicolini, P.J., 1996.
"Optimal Unemployment Insurance,"
RCER Working Papers
421, University of Rochester - Center for Economic Research (RCER).
- Lars Ljungqvist & Thomas Sargent, 1999. "Matlab code for Hopenhayn-Nicolini's optimal unemployment insurance model," QM&RBC Codes 18, Quantitative Macroeconomics & Real Business Cycles.
- von Hagen, Jurgen & Eichengreen, Barry, 1996. "Federalism, Fiscal Restraints, and European Monetary Union," American Economic Review, American Economic Association, vol. 86(2), pages 134-38, May.
- Coate, Stephen & Morris, Stephen, 1995. "On the Form of Transfers in Special Interests," Journal of Political Economy, University of Chicago Press, vol. 103(6), pages 1210-35, December.
When requesting a correction, please mention this item's handle: RePEc:idb:wpaper:3160. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Monica Bazan)
If references are entirely missing, you can add them using this form.