Do governments crowd out governments? Evidence from embassies at fiscal year-end

Many governments operate budgets that expire at the end of the fiscal year and rush to spend large amounts at this time. The scale and breadth of this heightened spending raises the possibility of government departments crowding out each other at the year-end while competing with one another for lim...

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Bibliographic Details
Main Authors: Baumann, S, Klymak, M
Format: Working paper
Language:English
Published: University of Oxford 2022