resist reforms, policies, rules and laws. China’s reform trajectories have been shaped by regional decentralization …

We study the dynamic support for fiscal decentralization in a political agency model from the perspective of a region … private sector and the support for decentralization. Since political support to centralization evolves over time, driven …

Advocates of fiscal decentralization argue that amongst other benefits, it can increase the efficiency of delivery of … education expenditure decentralization and the productive efficiency of schools using a data-set of Swiss cantons. We first … provide careful evidence that expenditure decentralization is a powerful proxy for legal local autonomy. Further panel …

village levels. We study the effect of regional decentralization on soft budget constraints in these enterprises. We show that …. Decentralization of monetary authority leads to a softening of local governments' budget constraints, however, as well as those of … enterprises. Fiscal decentralization combined with monetary centralization (i.e. fiscal federalism) may achieve not only hard …

decentralization decisions of firms. Centralized control relies on the information of the principal, which we equate with publicly … are more likely to choose decentralization. Using three datasets of French and British firms in the 1990s, we report …

through facilitating greater firm decentralization. We collect original data on the decentralization of investment, hiring … stronger rule of law specialize in industries that rely on decentralization and allow more efficient firms to grow in scale …. Furthermore, even for firms of a given size and industry, trust and rule of law are associated with more decentralization which …