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Myopic or Constrained by Balanced-Budget Rules? The Intertemporal Spending Behavior of Norwegian Local Governments

The paper analyzes the intertemporal spending behavior of Norwegian local governments with particular attention to liquidity constraints imposed by balanced-budget rules. The main findings are: (i) On average, local government spending behavior is neither perfectly forward looking nor fully... Full description

1st Person: Borge, Lars-Erik
Additional Persons: Tovmo, Per verfasserin
Source: in FinanzArchiv / Public Finance Analysis Vol. 65, No. 2 (2009), p. 200-219
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Type of Publication: Article
Language: English
Published: 2009
Keywords: research-article
Online: Volltext
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