Side Effects of Fiscal Rules: a Case of Polish Local Self-Government

Monika Banaszewska


The trend towards decentralization of government activities has prompted an increased interest in sub-national fiscal rules. The paper investigates an ex ante adaptation to the modified subnational fiscal framework. Using a panel of 2,479 Polish municipalities in the years 2011-2013 the aim is to verify the existence of the side effect of the new debt repayment rule. The empirical results show that local government units for which the new rule would have been more demanding than the former generated higher revenues per capita from asset sales.
Author Monika Banaszewska (WE / KFP)
Monika Banaszewska,,
- Department of Public Finance
Journal seriesEconomics and Business Review, [Poznan University of Economics Review], ISSN 2392-1641, e-ISSN 2450-0097, [1643-5877], (B 15 pkt)
Issue year2018
Vol4 (18)
Publication size in sheets1
Keywords in Englishde bt repayment rule, fiscal gimmickry, window dressing, budget constraint
Languageen angielski
Banaszewska.pdf 375.98 KB
Score (nominal)15
ScoreMinisterial score = 15.0, 21-09-2019, ArticleFromJournal
Citation count*1 (2020-09-23)
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