Dynamic Interrelation between Aggregated Revenues and Expenditures of Regional-Level Budgets of Federal States: A Time-Frequency Approach to Analysis

Dynamic Interrelation between Aggregated Revenues and Expenditures of Regional-Level Budgets of Federal States: A Time-Frequency Approach to Analysis

Objective: The article analyzes the dynamic (time-frequency) relationship between aggregate budget expenditures and revenues of the federal constituent entities, considering four competing theoretical hypotheses: “expenditures-revenues”; “revenues-expenditures”; “fiscal synchronization”; and “fisca...

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Bibliographic Details
Main Authors: Alan K. Karaev, Oksana S. Gorlova, Vadim V. Ponkratov, Margarita L. Vasyunina, Andrey I. Masterov, Hongor N. Zambaev, Lolita H. Gueva
Format: Article
Language:English
Published: Qubahan 2024-07-01
Series:Qubahan Academic Journal
Subjects:
regional-level budgets
sustainability of regional budget
fiscal policy
time-frequency dependence
aggregated expenses
Online Access:https://journal.qubahan.com/index.php/qaj/article/view/549
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