Budget Institutions and Fiscal Performance in Latin America / Alberto Alesina, Ricardo Hausmann, Rudolf Hommes, Ernesto Stein.

Format:

Book

Author/Creator:

Alesina, Alberto.

Contributor:

National Bureau of Economic Research.

Hausmann, Ricardo.

Hommes, Rudolf.

Stein, Ernesto.

Series:

Working Paper Series (National Bureau of Economic Research) no. w5586.

NBER working paper series no. w5586

Language:

English

Subjects (All):

Budget deficits.

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 1996.

Cambridge, Mass. : National Bureau of Economic Research, 1996.

Summary:

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 their transparency and the existence of legislative constraints on the deficit. We then show that `hierarchical' and transparent procedures have been associated with more fiscal discipline in Latin America in the eighties and early nineties.

Notes:

Print version record

May 1996.