Subnational borrowing and bailouts: When the federal government looks at the votes (differently) and its borrowing matters
Author:
Affiliation:
1. Department of Economics Universidad Pablo de Olavide and GEN Seville Spain
Publisher
Wiley
Subject
Economics and Econometrics,Sociology and Political Science,Finance
Link
https://onlinelibrary.wiley.com/doi/pdf/10.1111/jpet.12559
Reference24 articles.
1. The elusive character of fiscal sustainability;Afonso A.;Applied Economics,2016
2. Soft budget constraints and strategic interactions in subnational borrowing: Evidence from the German States, 1975–2005;Baskaran T.;Journal of Urban Economics,2012
3. Do bailouts buy votes? Evidence from a panel of Hessian municipalities;Baskaran T.;Economics of Governance,2013
4. Determinants of sub‐sovereign bond yield spreads—The role of fiscal fundamentals and federal bailout expectations;Beck R.;Journal of International Money and Finance,2017
5. Public debt sustainability: An empirical study on OECD countries;Beqiraj E.;Journal of Macroeconomics,2018
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