Federal Transfers and Fiscal Discipline in India: An Empirical Evaluation
(2013)
Preprint / Working Paper
Bhatt, A., & Scaramozzino, P. Federal Transfers and Fiscal Discipline in India: An Empirical Evaluation. Manila, Philippines
This paper examines the relationship between federal transfers and fiscal deficits in India. The system of federal transfers has been criticized on the grounds that it distorts the incentives for states to promote fiscal discipline. We analyze the re... Read More about Federal Transfers and Fiscal Discipline in India: An Empirical Evaluation.