What drives vertical fiscal interactions? Evidence from the 1980 Crude Oil Windfall Act

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What drives vertical fiscal interactions? Evidence from the 1980 Crude Oil Windfall Act

© 2018 Elsevier B.V. In economies with multi-level governments, why would a change in the fiscal rule of a government in one level lead to a fiscal response by a government in a different level? The literature focused primarily on the standard common-pool problem, while giving little attention to th...

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Bibliographic Details
Main Authors:	Perez-Sebastian, F., Raveh, Ohad
Format:	Journal Article
Published:	Elsevier 2018
Online Access:	http://hdl.handle.net/20.500.11937/72379

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