Template-Type: ReDIF-Paper 1.0
Author-Name: Sergey Sinelnikov
Author-Name-First: Sergey       
Author-Name-Last: Sinelnikov
Author-Workplace-Name: Gaidar Institute for Economic Policy
Author-Name: Pavel Kadochnikov
Author-Name-First: Pavel        
Author-Name-Last: Kadochnikov
Author-Workplace-Name: Gaidar Institute for Economic Policy
Author-Name: Ilya Trunin
Author-Name-First: Ilya         
Author-Name-Last: Trunin
Author-Workplace-Name: Gaidar Institute for Economic Policy
Author-Name: Sergey Chetverikov
Author-Name-First: Sergey          
Author-Name-Last: Chetverikov
Author-Workplace-Name: Gaidar Institute for Economic Policy
Author-Name: Marianne Vigneault
Author-Name-First: Marianne           
Author-Name-Last: Vigneault
Title: Fiscal Federalism in Russia: Soft Budget Constraints of Regional Governments
Abstract: The study has reviewed the experience of foreign countries in the sphere of implementation of respective measures designed to prevent the emergence of soft budget constraints imposed on subnational authorities in a situation of fiscal decentralization. Also, a number of theoretic simulation models have been built and analyzed that describe the interactions arising between the central government and regional authorities while specific variants of budget policy are being selected. Certain hypotheses concerning the existence of soft budget constraints in the regions of the Russian Federation are empirically tested.
Creation-Date: 2006
Revision-Date: 2012
File-URL: https://www.iep.ru/files/RePEc/gai/ppaper/47Sinelnikov.pdf
File-Format: Application/pdf
File-Function: Revised version, 2012
Classification-JEL: H30, H50, H77
Keywords: fiscal federalism, soft budget constraints, Russian economy
Handle: RePEc:gai:ppaper:47