The role of the sub-national public sector in the stabilization function: Evidence from the Colombian case for the period 1990-2001

This paper analyses the impact of fiscal decentralization on the stabilization function. Although traditionally the stabilization function has been attributed to central government, regional and local authorities have a role to play in decentralized contexts. The analysis concentrates on the role th...

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Bibliographic Details
Main Author: Ligia Alba Melo-Becerra
Format: Article
Language:English
Published: Universidad Católica de Colombia 2015-07-01
Series:Revista Finanzas y Política Económica
Subjects:
Online Access:http://editorial.ucatolica.edu.co/ojsucatolica/revistas_ucatolica/index.php/RFYPE/article/view/229/268