Search Results - subject:"bailing out"

Grant legislation vs. political factors as determinants of soft budget spending behaviors. Comparison between Italian and French regions

Josselin, Jean-Michel; Padovano, Fabio; Rocaboy, Yvon - In: European Journal of Comparative Economics 10 (2013) 3, pp. 317-354

This paper analyses intergovernmental transfers in France and Italy to assess to which extent soft budget spending behaviors result from slack in fiscal constraints or from political factors. It innovates on the previous literature, which concentrated on single countries, by adopting a...

Persistent link: https://www.econbiz.de/10010741974

Fiscal rules vs. political culture as determinants of soft budget spending behaviors

Josselin, Jean-Michel; Padovano, Fabio; Rocaboy, Yvon - HAL - 2012

soft budget constraints and bailing out expectations are a quantitatively important component of local government spending …

Persistent link: https://www.econbiz.de/10010735041

Causes and Consequences of Bailing out Expectations of Subcentral Governments: Theory and Evidence from the Italian Regions

Padovano, Fabio - Centre de Recherche en Économie et Management (CREM) - 2011

. These restrictions are tested on a sample of 20 Italian Regions. Data show that bailing out expectations are a …

Persistent link: https://www.econbiz.de/10009369463

Kosten des Europäischen Finanzstabilisierungsmechanismus (EFSM) aus deutscher Sicht / The Costs of the European Financial Stability Facility (EFSF) – The German Point of View

Meyer, Dirk - In: Jahrbücher für Nationalökonomie und Statistik 231 (2011) 2, pp. 288-303

Summary The European Financial Stability Facility (EFSF), which is supported by the German Gesetz zur Übernahme von Gewährleistungen im Rahmen des europäischen Stabilisierungsmechanismus (StabMechG), suspends the Stability and Growth Pact as the basis of the European Economic and Monetary...

Persistent link: https://www.econbiz.de/10014609339

Kosten des Europaeischen Finanzstabilisierungsmechanismus (EFSM) aus deutscher Sicht

Meyer, Dirk - In: Journal of Economics and Statistics (Jahrbuecher fuer … 231 (2011) 2, pp. 288-303

The European Financial Stability Facility (EFSF), which is supported by the German Gesetz zur Uebernahme von Gewaehrleistungen im Rahmen des europaeischen Stabilisierungsmechanismus (StabMechG), suspends the Stability and Growth Pact as the basis of the European Economic and Monetary Union. The...

Persistent link: https://www.econbiz.de/10009021729