On the Design and Effectiveness of Targeted Expenditure Programs
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.
|Date of creation:||01 Nov 2004|
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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.:
- Bengt Holmstrom, 1999.
"Managerial Incentive Problems: A Dynamic Perspective,"
NBER Working Papers
6875, National Bureau of Economic Research, Inc.
- Holmstrom, Bengt, 1999. "Managerial Incentive Problems: A Dynamic Perspective," Review of Economic Studies, Wiley Blackwell, vol. 66(1), pages 169-82, January.
- repec:imf:imfwpa:02/168 is not listed on IDEAS
- Ping Zhang & E. Tandberg & Ehtisham Ahmad, 2002. "On National or Supranational Objectives; Improving the Effectiveness of Targeted Expenditure Programs," IMF Working Papers 02/209, International Monetary Fund.
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