Showing 1 - 10 of 42
sharing between the states and the federal government and the fiscal equalization mechanism (Länderfinanzausgleich) together …
Persistent link: https://www.econbiz.de/10005791674
Over the last decade the locus of policy-making towards asylum seekers and refugees has shifted away from national governments and towards the EU as the Common European Asylum Policy has developed. Most of the focus has been on the harmonisation of policies relating to border control, the...
Persistent link: https://www.econbiz.de/10009651584
Inspired by the current debate over the future of the monetary union in Europe, this paper provides a simple model for the determination of the conditions of survival of the common good, which requires the creation of an effective fiscal union. We highlight the importance of institutional design...
Persistent link: https://www.econbiz.de/10009283396
, respectively. Within the government sector, we pay special attention to Germany's fiscal equalization mechanism. For pre …
Persistent link: https://www.econbiz.de/10009321837
The paper studies a federal system where a region provides non-contractible essential inputs for the successful implementation of a local public policy project with spill-overs, and where bargaining between different levels of government may ensure efficient decision making ex post. We ask...
Persistent link: https://www.econbiz.de/10005662248
The paper considers the pros and cons for Canada of monetary union between Canada and the U.S. The current Canadian monetary arrangements, a flexible exchange rate and an inflation target, are contrasted both with a unilateral adoption by Canada of the U.S. dollar and with a full, formally...
Persistent link: https://www.econbiz.de/10005666942
In recent decades, the issues of federalism and political integration have gained prominence in public debate as well as in the academic realm. A frequently made point is that allowing free secession may protect the minority’s interests, thus providing it with an incentive to enter the...
Persistent link: https://www.econbiz.de/10005788882
As exemplified in the 1995 Mediterranean Declaration of the European Union, migration has become a major concern for European development policies. By enhancing socio-economic conditions through development cooperation, a reduction of South-North migration flows is envisaged. This new approach...
Persistent link: https://www.econbiz.de/10005791466
This paper analyzes the redistributive effects of the EU budget during the period 1986-97 and advances a proposal for setting member countries' budgetary balances in a manner consistent with a simple equity criterion based on relative income per capita.
Persistent link: https://www.econbiz.de/10005791627
This paper assesses the costs and benefits of monetary union in Europe. It is argued that neither the costs nor the benefits are in principle likely to be as great as critics and proponents respectively have suggested. Fiscal issues are, it is argued, likely to be far more significant. Fiscal...
Persistent link: https://www.econbiz.de/10005791705