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Federal Tax-Transfer Policy and Intergovernmental Pre-Commitment
Koethenbuerger, Marko - 2021
Federal and state governments often differ in the capacity to pre-commit to expenditure and tax policy. Whether the implied sequence of public decisions has any efficiency implications is the subject of this paper. We resort to a setting which contrary to most of the literature does not exhibit...
Persistent link: https://www.econbiz.de/10013316943
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Revisiting the 'Decentralization Theorem' - On the Role of Externalities
Koethenbuerger, Marko - 2021
The Decentralization Theorem (Oates, 1972) is central to the discussion of fiscal federalism. We revisit the role of …
Persistent link: https://www.econbiz.de/10013316807
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Fiscal Equalization as a Driver of Tax Increases : Empirical Evidence from Germany
Büttner, Thiess - 2018
This paper exploits a recent devolution of tax setting powers in the German federation to study the effects of fiscal equalization on subnational governments’ tax policy. Based on an analysis of the system of fiscal equalization transfers, we argue that the redistribution of revenues provides...
Persistent link: https://www.econbiz.de/10012908652
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Do Party Ties Increase Transfer Receipts in Cooperative Federalism? - Evidence from Germany
Bury, Yannick; Feld, Lars P.; Koehler, Ekkehard A. - 2021
Cooperative fiscal federalism needs a multi-level consent to decide on the allocation of intergovernmental transfers … transfers to municipal governments under this type of federalism. Using a regression discontinuity design in close electoral … supporting the swing voter hypothesis, our results suggest that federalism inherently entails restrictions for misusing …
Persistent link: https://www.econbiz.de/10013315289
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Artificial time inconsistency as a remedy for the race to the bottom
Weichenrieder, Alfons J.; Busch, Oliver - 2005
A long-standing concern in the literature has been that household mobility implies a serious threat to the viability of redistributive taxation. This paper considers the effects of deferred integration of migrants into the redistributive system of the target country. In a model of symmetric...
Persistent link: https://www.econbiz.de/10010277175
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Fiscal Federalism and Income Inequality : An Empirical Analysis for Switzerland
Feld, Lars P. - 2019
This paper analyzes the impact of fiscal federalism on income inequality and redistribution. Theoretically …
Persistent link: https://www.econbiz.de/10012892177
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How Do Subnational Governments React to Shocks to Revenue Sources? Evidence from Argentina
Besfamille, Martin; Jorrat, Diego; Manzano, Osmel; … - 2019
Using the exogenous variability in intergovernmental transfers and hydrocarbon royalties, based on the fiscal regime that prevailed in Argentina from 1988 to 2003, we jointly estimate the effects that changes in these public revenues had on provincial public consumption and debt. When receiving...
Persistent link: https://www.econbiz.de/10012871018
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How Do Subnational Governments React to Shocks to Different Revenue Sources? Evidence from Hydrocarbon-Producing Provinces in Argentina
Besfamille, Martin; Jorrat, Diego; Manzano, Osmel; … - 2021
Based on the fiscal regime that prevailed in Argentina from 1988 to 2003, we estimate the effects that changes in intergovernmental transfers and hydrocarbon royalties had on provincial public consumption and debt. From a one-peso increase in intergovernmental transfers, all provinces spent 76...
Persistent link: https://www.econbiz.de/10013215671
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Revisiting the decentralization theorem: on the role of externalities
Koethenbuerger, Marko - 2007
The "Decentralization Theorem" (Oates, 1972) is central to the discussion of fiscal federalism. We revisit the role of …
Persistent link: https://www.econbiz.de/10010264235
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Federalism and accountability with distorted election choices
Kessing, Sebastian G. - 2009
Random factors such as bad weather or exogenous economic shocks affect the re-election of politicians and can reduce accountability. Such distorted election choices interact with the architecture of government. Contrasting centralized with decentralized political systems, this study shows that...
Persistent link: https://www.econbiz.de/10010274383