000			01567nab#a2200277#c#4500
003			IEF
005			20180219170109.0
008			170726s2017 USA|| #####0 b|ENG|u
040			_aIEF
041			_aENG
245			_aDirect democracy and local public finances under cooperative federalism _c Zareh Asatryan ... [et al.]
260			_c2017
500			_aDisponible también en línea a través de la Biblioteca del Instituto de Estudios Fiscales. Resumen. Bibliografía. Conclusión.
650		4	_aDEMOCRACIA _941808
650		4	_aPOLITICA FISCAL _948067
650		4	_aHACIENDAS LOCALES _945217
650		4	_aFEDERALISMO FISCAL _944156
650		4	_aALEMANIA _925193
650		4	_aANÁLISIS DE REGRESIÓN _953408
520			_aIn this paper, we exploit the introduction of the right of local initiatives in the German state of Bavaria in 1995 in order to study the fiscal effects of direct democracy. Our identification strategy combines difference-in-differences and regression discontinuity methods: we compare municipal expenditure and revenue between pre- and post-reform periods at population thresholds where the signatures needed to launch initiatives and minimum quorum requirements decrease discontinuously (difference-in-discontinuities design). The results suggest that stronger direct democratic institutions lead to an expansion of local government size.
700	1		_aAsatryan, Zareh _963812
773	0		_tThe Scandinavian Journal of Economics _w34704 _gv. 119, n. 3, 2017, p. 801-820
942			_cART
942			_z148337
999			_c102943 _d102943