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Keywords: Expenditure volatility
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Journal Articles
Journal of Financial Economic Policy (2020) 12 (4): 707–719.
Published: 31 January 2020
... welfare, this study finds no statistically significant results. Interestingly, balanced budget requirement and tax and expenditure limitation indicate different effects on expenditure volatility, even though they belong to the same institutional factors. Originality/value This paper is meaningful...

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