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Expenditure Competition
Gordon, Roger H. - 2001
response. In this paper, we explore the effect that competition for residents induced by fiscal decentralization has on 'waste … an additional advantage of fiscal decentralization …
Persistent link: https://www.econbiz.de/10012470537
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Community Choice and Local Public Services : A Discrete Choice Approach
Nechyba, Thomas J. - 1997
This paper uses a discrete choice approach to estimate the impact of local fiscal and other variables on individual community choices. It employs a combination of a unique micro data set composed of ninety percent of all homeowners in six school districts in Camden County, New Jersey and...
Persistent link: https://www.econbiz.de/10012472855
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An Optimal Taxation Approach to Fiscal Federalism
Gordon, Roger H. - 1982
In a Federal system of government, each unit of government decides independently how much of each type of public good to provide, and what types of taxes, and which tax rates, to use in funding the public goods. In this paper we explore what types of problems can arise from this decentralized...
Persistent link: https://www.econbiz.de/10012478100
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Evaluating the Efficiency and Equity of Federal Fiscal Equalization
Albouy, David - 2010
In theory, federal transfers that make household location decisions efficient should ignore local cost differences …
Persistent link: https://www.econbiz.de/10012462512
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Fiscal Unions
Werning, Ivan - 2012
We study cross-country risk sharing as a second-best problem for members of a currency union using an open economy model with nominal rigidities and provide two key results. First, we show that if financial markets are incomplete, the value of gaining access to any given level of aggregate risk...
Persistent link: https://www.econbiz.de/10012460383
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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
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Local Property and State Income Taxes : The Role of Interjurisdictional Competition and Collusion
Nechyba, Thomas J. - 1996
This paper attempts to address two long standing questions in Public Finance: (i) why is the property tax, despite popular complaints about its fairness, the almost exclusive tax instrument used by local governments, and (ii) why do we consistently observe higher levels of governments undermine...
Persistent link: https://www.econbiz.de/10012473445
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Centralized versus Decentralized Provision of Local Public Goods : A Political Economy Analysis
Besley, Timothy - 1999
of centralization stressed in the existing literature disappear, suggesting that the case for decentralization must be … driven by political economy considerations. Our political economy analysis assumes that under decentralization public goods …
Persistent link: https://www.econbiz.de/10012471712
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The Effects of Fiscal Decentralization on Publicly Provided Services and Labor Markets
Bianchi, Nicola; Giorcelli, Michela; Martino, Enrica Maria - National Bureau of Economic Research - 2021
This paper studies how fiscal decentralization affects local services. It explores a 1993 reform that increased the … identifica- tion leverages cross-municipal variation in the degree of decentralization that stems from differences in the average … age of buildings caused by bombings during WWII. Decentralization reduced local spending but expanded municipal services …
Persistent link: https://www.econbiz.de/10012794566
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Medicaid and Fiscal Federalism During the COVID-19 Pandemic
Clemens, Jeffrey; Ippolito, Benedic N.; Veuger, Stan - National Bureau of Economic Research - 2021
We analyze the effects of the COVID-19 pandemic on state and local government finances, with an emphasis on health spending needs and the role of the Medicaid program. We arrive at three conclusions. First, we find that nationwide, and over the entirety of the federal budget window, the enhanced...
Persistent link: https://www.econbiz.de/10012510548