Budget Deficits and Fiscal Adjustments under Fragmented Decision Making: New Evidence on an Old Discussion
Panagiotis Palaios · Asian Journal of Economics, Business and Accounting · 2021
The purpose of this paper is to present the existing literature of political explanations for budget deficits and fiscal adjustments. The literature is distinguished initially in two broad categories, namely the effects of conflicts among agents with heterogeneous preferences and...
Open access
Research Article
10.9734/ajeba/2021/v21i230352