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Federal politics and budget deficits: evidence from the states of India (English)

Abstract

This paper tests two predictions implied by models of the common-pool game in federations where subnational governments are more likely to have higher deficits because they do not internalize the macroeconomic effects of fiscal profligacy. The first is... See More +

Details

  • Khemani, Stuti;
  • 2002/10/17
  • Policy Research Working Paper
  • WPS2915
  • 1 of 1
  • India
  • South Asia
  • Federal politics and budget deficits: evidence from the states of India
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