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On the Design and Effectiveness of Targeted Expenditure Programs

Author

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  • Ehtisham Ahmad
  • Leonardo Martinez

Abstract

This paper argues that both horizontal and intertemporal competition among recipient governments are needed in order to ensure incentives for effective utilization of targeted transfers. This has implications for budgeting frameworks and the types of information needed that might be amenable to formal contracting between the levels of government.

Suggested Citation

  • Ehtisham Ahmad & Leonardo Martinez, 2004. "On the Design and Effectiveness of Targeted Expenditure Programs," IMF Working Papers 04/220, International Monetary Fund.
  • Handle: RePEc:imf:imfwpa:04/220
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=17769
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    References listed on IDEAS

    as
    1. Ehtisham Ahmad & Li Keping & Raju J Singh & Thomas J Richardson, 2002. "Recentralization in China?," IMF Working Papers 02/168, International Monetary Fund.
    2. Ping Zhang & Eivind Tandberg & Ehtisham Ahmad, 2002. "On National or Supranational Objectives; Improving the Effectiveness of Targeted Expenditure Programs," IMF Working Papers 02/209, International Monetary Fund.
    3. Bengt Holmström, 1999. "Managerial Incentive Problems: A Dynamic Perspective," Review of Economic Studies, Oxford University Press, vol. 66(1), pages 169-182.
    4. Bengt Holmstrom, 1999. "Managerial Incentive Problems: A Dynamic Perspective," NBER Working Papers 6875, National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Andrew T. Foerster & Leonardo Martinez, 2006. "Are we working too hard or should we be working harder? A simple model of career concerns," Economic Quarterly, Federal Reserve Bank of Richmond, issue Win, pages 79-91.
    2. Martinez Leonardo, 2009. "Reputation, Career Concerns, and Job Assignments," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 9(1), pages 1-29, May.

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