Narrow search
Showing 1 - 10 of 126
Cover Image
Intergovernmental Grants and Policy Competition : Concepts, Institutions, and Evidence
Clemens, Jeffrey; Veuger, Stan - National Bureau of Economic Research - 2023
the literature on the role of intergovernmental grants in systems of fiscal federalism. Second, we provide an updated look … directions for future research on the economics of fiscal federalism and the role of intergovernmental grants as policy …
Persistent link: https://www.econbiz.de/10014287352
Cover Image
Balancing Federalism : The Impact of Decentralizing School Accountability
Hanushek, Eric Alan; Saenz-Armstrong, Patricia; … - National Bureau of Economic Research - 2024
change in policy allows estimation of the impact of altered federalism. By looking at how states reacted to their enhanced … with significantly lower student achievement growth. As a result, this readjustment of federalism to decision making by … lower levels appeared to lower national achievement. The snapshot of federalism impacts here is a lower bound on the effects …
Persistent link: https://www.econbiz.de/10014528390
Cover Image
The Effect of Inequality on Redistribution : An Econometric Analysis
Boskin, Michael J.; Elnahal, Kareem; Zhang, Adam - National Bureau of Economic Research - 2024
Using data on U.S. state and federal taxes and transfers over a quarter century, we estimate a regression model that yields the marginal effect of any shift of market income share from one quintile to another on the entire post tax, post-transfer income distribution. We identify exogenous income...
Persistent link: https://www.econbiz.de/10014544770
Cover Image
Aid for Incumbents : The Electoral Consequences of COVID-19 Relief
Clemens, Jeffrey; Payson, Julia; Veuger, Stan - National Bureau of Economic Research - 2024
The COVID-19 pandemic led to unprecedented levels of federal transfers to state governments. Did this funding increase benefit incumbent politicians electorally? Identifying the effect of revenue windfalls on voting is challenging because whatever conditions led to the influx of cash might also...
Persistent link: https://www.econbiz.de/10015072903
Cover Image
Was Pandemic Fiscal Relief Effective Fiscal Stimulus? Evidence from Aid to State and Local Governments
Clemens, Jeffrey; Hoxie, Philip G.; Veuger, Stan - National Bureau of Economic Research - 2022
We use an instrumental-variables estimator reliant on variation in congressional representation to analyze the effects of federal aid to state and local governments across all four major pieces of COVID-19 response legislation. Through September 2021, we estimate that the federal government...
Persistent link: https://www.econbiz.de/10013334387
Cover Image
How Did Federal Aid to States and Localities Affect Testing and Vaccine Delivery?
Clemens, Jeffrey; Hoxie, Philip G.; Kearns, John; … - National Bureau of Economic Research - 2022
We estimate whether federal aid for state and local governments played a role in advancing population testing for COVID-19 and the administration of vaccines. To overcome biases that can result from the endogeneity of federal aid allocations, we use an instrumental-variables estimator reliant on...
Persistent link: https://www.econbiz.de/10013334424
Cover Image
From Lapdogs to Watchdogs : Random Auditor Assignment and Municipal Fiscal Performance
Vannutelli, Silvia - National Bureau of Economic Research - 2022
A classic problem in public finance is the over-expenditure of local governments in expectation of a bailout from higher-level administrations. While monitoring could mitigate agency problems, it can itself be rendered ineffective if auditors are corruptible. I evaluate whether limiting...
Persistent link: https://www.econbiz.de/10013462692
Cover Image
Competition, Harmonization and Redistribution : Corporate Taxes in Switzerland
Brülhart, Marius; Köthenbürger, Marko; Krapf, Matthias; … - National Bureau of Economic Research - 2023
Switzerland could be considered as a test case for international corporate-tax policy coordination. It is a federation of 26 fiscally autonomous cantons that have been taxing corporate profits more or less independently for over a century. We document and discuss corporate taxation in...
Persistent link: https://www.econbiz.de/10014436961
Cover Image
Endogenous Decentralization in Federal Environmental Policies
Chang, Howard - 2007
between the federal and state governments in such a scheme of partial decentralization. Our model suggests that the …
Persistent link: https://www.econbiz.de/10012465415
Cover Image
A Political Economy Theory of Partial Decentralization
Hatfield, John William - 2008
partial decentralization. A capital poor median voter wants to use capital taxes to provide public goods. This results in …. Decentralization provides such a commitment: local governments avoid using capital taxes due to the pressure of tax competition. We … therefore obtain that the median voter favors a partial degree of decentralization. The equilibrium degree of decentralization …
Persistent link: https://www.econbiz.de/10011986893