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Evaluating provincial budgetary policy
Canadian Public Administration, 1988Abstract: This paper reviews the period 1965‐84, providing an analysis of the contribution of provincial budgets to regional stabilization and the impact of budgets on the financial position of provincial governments. The perversity hypothesis, which proposes that provincial budgetary behaviour may serve to exacerbate rather than reduce cyclical ...
Barbara Jamieson, Saleh Amirkhalkhali
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Toolkit of budgetary rules in ensuring balance of budgetary policy
Sustainable and Innovative Development in the Global Digital Age, 2022This study is due to the execution of the state budget of the Russian Federation with a deficit for several years, the low efficiency of the introduced and used budget rules, due to their obsolescence. The purpose of the study is to identify ways to ensure the balance and stabilization of the state budget, using rules and restrictions at the national ...
Tatyana M. Rogova +4 more
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Political Economy of Monetary and Budgetary Policy
International Economic Review, 1995Summary: Even though all debt and wage contracts are indexed, there is an incentive to levy a surprise inflation tax as this erodes the real value of debt service, permits a cut in the tax rate and boosts private consumption. With rules it is optimal to smooth tax and seigniorage revenues.
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Corrective policy reactions: positive and negative budgetary punctuations
Journal of Public Policy, 2018AbstractPunctuated equilibrium theory seeks to explain policy volatility and stability in government attention. In previous research into the temporal dynamics of punctuations, scholars found that punctuations occur in clusters – a recent budgetary punctuation increases the likelihood of a subsequent punctuation.
Flink, Carla M., Robinson, Scott E.
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