Trasberg, Viktor; Raffer, Christian; Moisio, Antti - In: Local public finance : an international comparative …, (pp. 333-355). 2021
structure, revenues should match the set of public services. As local governments provide quite heterogeneous sets, there is no … challenge is of particular interest in times of economic recession since tax revenues can stabilise local revenues and therefore … revenues over the business cycle. At first glance, this advice seems to describe a path of optimisation, minimising adverse …