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Fiscal Rules and Discretion in a World Economy
Governments are present-biased toward spending. Fiscal rules are deficit limits that trade off commitment to not overspend and flexibility to react to shocks. We compare coordinated rules chosen join
NBER2015-08-01 更新120
The Flypaper Effect
The flypaper effect results when a dollar of exogenous grants-in-aid leads to significantly greater public spending than an equivalent dollar of citizen income: Money sticks where it hits. Viewing gov
NBER2008-12-01 更新80
Keeping the Schools Open While the Troops are Away: Regime Type, Interstate War, and Government Spending
How and why do regime type and interstate war affect government spending? We argue that a political leader allocates scarce resources between social and military expenditures as a function of their re
NIAID Data Ecosystem40



