Budget Institutions and Fiscal Performance in Latin America

Ernesto Stein, Rudolf Hommes, Ricardo Hausmann and Alberto Alesina

Scholarly Articles from Harvard University Department of Economics

Abstract: In this paper, we collect detailed information on the budget institutions of Latin American countries. We classify these institutions on a "hierarchical"/"collegial" scale, as a function of the existence of constraints on the deficit, and voting rules. We show that "hierarchical" and transparent procedures have been associated with more fiscal discipline in Latin America in the 1980s and early 1990s.

Date: 1999
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Citations: View citations in EconPapers (177)

Published in Journal of Development Economics

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Related works:
Journal Article: Budget institutions and fiscal performance in Latin America (1999)
Working Paper: Budget Institutions and Fiscal Performance in Latin America (1998)
Working Paper: Budget institutions and fiscal performance in Latin America (1996)
Working Paper: Budget Institutions and Fiscal Performance in Latin America (1996)
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Persistent link: https://EconPapers.repec.org/RePEc:hrv:faseco:4553021

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