Does Fiscal Monitoring Make Better Governments? Evidence from US Municipalities

@inproceedings{Nakhmurina2020DoesFM,
  title={Does Fiscal Monitoring Make Better Governments? Evidence from US Municipalities},
  author={Anya Nakhmurina},
  year={2020}
}
I study the effect of state fiscal monitoring on municipal governance. I focus on governance outcomes related to financial reporting quality, local corruption, political entrenchment, and the financial soundness of municipalities. I exploit the staggered adoption of fiscal monitoring policies, which entail a regular review of municipal financial reporting for signs of fiscal distress. I find that the introduction of monitoring policies is associated with an increase in proxies for reporting… Expand
3 Citations
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Governments and Governance

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