Budget Institutions and Fiscal Performance in Latin America

    • preprint
    • Published in RePEc
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 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.
All Related Versions

This publication has 0 references indexed in Scilit: