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Can fiscal decentralization alleviate government consumption volatility?

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Figure

Figure 1: Evolution of fiscal decentralization (WB data)
Figure 3: Government consumption volatility and fiscal decentralization (OECD data)
Table 1: Pairwise correlations between government consumption volatility and fiscal decentralization
Table 2: Model (1) (four specifications), WB data sample and two sub-samples
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