Instruct: Identify the main and secondary category of Arxiv papers based on the titles and abstracts
Query: Macroeconomic Instability And Fiscal Decentralization: An Empirical
  Analysis   The main objective of this paper is to fill a critical gap in the literature
by analyzing the effects of decentralization on the macroeconomic stability. A
survey of the voluminous literature on decentralization suggests that the
question of the links between decentralization and macroeconomic stability has
been relatively scantily analyzed. Even though there is still a lot of room for
analysis as far as the effects of decentralization on other aspects of the
economy are concerned, we believe that it is in this area that a more thorough
analyses are mostly called for. Through this paper, we will try to shed more
light on the issue notably by looking at other dimension of macroeconomic
stability than the ones usually employed in previous studies as well as by
examining other factors that might accentuate or diminish the effects of
decentralization on macroeconomic stability. Our results found that
decentralization appears to lead to a decrease in inflation rate. However, we
do not find any correlation between decentralization with the level of fiscal
deficit. Our results also show that the impact of decentralization on inflation
is conditional on the level of perceived corruption and political institutions.

2
The categories of this paper are: math
4
The categories of this paper are: cond-mat
35
The categories of this paper are: mtrl-th
3
The categories of this paper are: physics
32
The categories of this paper are: atom-ph
29
The categories of this paper are: funct-an
19
The categories of this paper are: eess
30
The categories of this paper are: q-alg
36
The categories of this paper are: cmp-lg
31
The categories of this paper are: ao-sci
12
The categories of this paper are: nucl-th
1
The categories of this paper are: cs
10
The categories of this paper are: q-bio
11
The categories of this paper are: hep-lat
5
The categories of this paper are: gr-qc
8
The categories of this paper are: hep-ex