We implement a meta-regression-analysis for the budgetary impact of numerical fiscal rules
based on 30 studies published in the last decade. The existing empirical evidence points to …

This study examines how fiscal incentives affect policy choices of local governments in
China. We construct a difference-in-differences model using the 2014 Chinese central …

China recently initiated a major decentralization reform to simultaneously improve tax
autonomy and fiscal transfers to county governments. We use an instrumented difference-in …

This paper empirically examines how fiscal rules and tax autonomy influence deficits of sub-
national sectors across European countries. I use a new panel-data set to measure tax …

New indices of fiscal rule strength are constructed and, using a dynamic panel econometric
model for 27 EU countries over the period 1990–2012, we assess whether national fiscal …

There is a growing empirical literature studying whether permanent constraints on fiscal
policy, such as fiscal rules, reduce sovereign risk premia. Nevertheless, it remains an open …

We study the relationship between discretionary fiscal policy and macroeconomic stability in
21 OECD countries over the 1985–2012 period. The novelties of our contribution lie in the …

Recent theoretical research suggests that financing sub-national governments' expenditure
out of own revenue sources is linked to more responsible budgeting, because the financial …

Many governments have replaced traditional cash-based accounting with some form of
accrual-based accounting system. However, empirical evidence on the effects of the public …

In Italy, the COVID-19 pandemic and the death of many elderly people have put in evidence
the uneven territorial distribution of nursing homes, which have amplified the spread and …