Autori
Rigon, Massimiliano
Tomat, Gian Maria
Panicara, Eugenia

Titolo
Cyclically Adjusted Local Government Balance
Periodico
Economia politica
Anno: 2014 - Fascicolo: 3 - Pagina iniziale: 451 - Pagina finale: 486

The paper provides an analysis of cyclically-adjusted budget balances of Italian local governments for the period 2002-2007. We find that local government balances appear to be relatively sensitive to the business cycle. In particular, a shock of 1 percent in GDP changes their financial resources by approximately 0.6 billion of euro. Moreover, we find evidence that both central and local governments' policies had a sizeable impact on cyclically-adjusted local government balances.



SICI: 1120-2890(2014)3<451:CALGB>2.0.ZU;2-V
Testo completo: http://www.rivisteweb.it/download/article/10.1428/78904
Testo completo alternativo: http://www.rivisteweb.it/doi/10.1428/78904

Esportazione dati in Refworks (solo per utenti abilitati)

Biblioteche ACNP che possiedono il periodico