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We study the fiscal and tax response to intergovernmental grants, exploiting quasi-experimental variation within Germany’s fiscal equalization scheme triggered by Census revisions of official population counts. Municipal budgets do not adjust instantly. Instead, spending and investments adapt...
Persistent link: https://www.econbiz.de/10012514567
-ordinating intergovernmental fiscal transfers between the central and local governments. For instance, some criticise that many small …
Persistent link: https://www.econbiz.de/10011398112
Intergovernmental transfers can be either conditional or unconditional with regard to the autonomy of local governments … provides primarily unconditional transfers for local governments. Furthermore, in the case of adopting the principle of … transfers appears to gain significance in providing local utilities, this study shows the recent Saxon experience with the …
Persistent link: https://www.econbiz.de/10011408426
Persistent link: https://www.econbiz.de/10003457153
Most cities enjoy some autonomy over how they tax their residents, and that autonomy is typically exercised by multiple municipal governments within a given city. In this chapter, we document patterns of city-level taxation across countries, and we review the literature on a number of salient...
Persistent link: https://www.econbiz.de/10010396544
This paper studies comprehensive national panel data of local option sales taxes at the monthly frequency. I calculate state-by-month population weighted averages of local sales tax rates. I document ten stylized facts concerning the time series patterns and spatial dynamics of local sales...
Persistent link: https://www.econbiz.de/10010393644
regression kink design, we find robust causal evidence that transfers have a positive local average treatment effect on municipal …
Persistent link: https://www.econbiz.de/10014250394
Persistent link: https://www.econbiz.de/10010244840
The dynamic fiscal policy adjustment of local jurisdictions is investigated empirically using a panel of more than 1000 U.S. municipalities over a quarter of a century. Distinguishing own revenues, grants, expenditures, and debt service, the analysis is carried out using a vector error...
Persistent link: https://www.econbiz.de/10011408935
Persistent link: https://www.econbiz.de/10001669833