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Persistent link: https://www.econbiz.de/10005596542
Affluent towns often deliver high-quality public services to their residents. I estimate the willingness to pay to live in a high-income suburb, above and beyond the demand of wealthy neighbors, by measuring changes in housing prices across city–suburban borders as the income disparity between...
Persistent link: https://www.econbiz.de/10010666197
on the decisive region. Second, we show that these fixed shares can be an equilibrium of different legislative bargaining …
Persistent link: https://www.econbiz.de/10010703143
informed voters. In equilibrium, voter information increases government accountability but displays decreasing returns …
Persistent link: https://www.econbiz.de/10011084457
This paper studies how size-induced cost differences in the provision of local public goods affect the efficient level of public spending. Since public goods are non-rival in consumption, the per-capita cost of a given level of public good provision is lower in more populous jurisdictions. We...
Persistent link: https://www.econbiz.de/10010617154
players to which ν will become disconnected. We focus on unilateral link formation and Nash equilibrium. We show existence of …
Persistent link: https://www.econbiz.de/10009752420
predicts a relationship between electoral incentives and equilibrium decentralization. …
Persistent link: https://www.econbiz.de/10010753709
Berlin hat als Empfängerland des Länderfinanzausgleichs regelmäßig mehr als ein Drittel der Ausgleichsmasse erhalten. Am stärksten belastet ist Bayern, das gemeinsam mit Hessen gegen die Struktur des Länderfinanzausgleichs klagen möchte. Die Autorin schlägt vor, Berlin bereits bei der...
Persistent link: https://www.econbiz.de/10009727620
The main features of China’s current sub-national finance arrangements date back to the 1994 tax reform. China has a multi-level government structure that shares national tax revenues through a system of tax sharing and transfers, and divides spending assignments and responsibilities. Local...
Persistent link: https://www.econbiz.de/10009711209
Ce document de travail porte sur l’état actuel des relations budgétaires entre les différents niveaux d’administration en Belgique ainsi que sur la manière dont celles-ci ont évolué au fil du temps. Partant du constat que le système qui donne corps au fédéralisme budgétaire est...
Persistent link: https://www.econbiz.de/10012442483