Showing 1 - 10 of 4,636
example of a "delegation-scheme." Conversely, project aid represents a more "centralized" type of aid. According to the theory …
Persistent link: https://www.econbiz.de/10010199746
explaining variation in the degree of decentralization across countries. Within a two-sided incomplete information principal …-agent framework, it analyzes two alternative policy-decision schemes - "decentralization" and "centralization" - when "knowledge … government levels. It is shown that, depending on which level of policy decision-making controls the degree of decentralization …
Persistent link: https://www.econbiz.de/10010126407
This paper studies the equilibrium effects of local fiscal autonomy accounting for benefits from self-determination. It proposes a quantifiable structural equilibrium framework in which imperfectly mobile heterogeneous households sort themselves across jurisdictions under endogenous public good...
Persistent link: https://www.econbiz.de/10012694121
In a monetary union, the interaction between several governments and a single central bank is plagued by several sources of deficit bias, including common pool problems. Each government has strong preferences over local spending and taxation but suffers only part of the costs of union-wide...
Persistent link: https://www.econbiz.de/10011434438
We extend the literature on local income tax competition by allowing for inter-jurisdictional spillovers and imperfect rivalry in consumption of a publicly provided good. Comparing decentralized second-best results of a theoretical model with an efficient benchmark, we identify three...
Persistent link: https://www.econbiz.de/10011436089
We consider a country whose government provides a bundle of goods and services through a multi-tier administrative organization. We compare the optimal architectures of public governance (i.e. the division of the state into several tiers, the distribution of services among them, their number of...
Persistent link: https://www.econbiz.de/10011903798
component analysis, seven aspects of both federalism and decentralization are used as variables for explaining differences in (1 … study adds to our knowledge on the transmission mechanisms of federalism and decentralization. -- federalism … ; decentralization ; fiscal federalism ; economic effects of constitutions ; constitutional economics …
Persistent link: https://www.econbiz.de/10003882595
decentralization on the occurrence of transnational terror. Our results show that expenditure decentralization reduces the number of … transnational terror events in a country, while political decentralization has no impact. These results are robust to the choice of … control variables and method of estimation. -- terrorism ; decentralization ; federalism ; governance quality ; government …
Persistent link: https://www.econbiz.de/10003857142
This paper studies the impact of decentralization on the shadow economy. We argue that decentralization may decrease … the size of the shadow economy mainly through two transmission channels: (1) Decentralization enhancing public sector … efficiency (efficiency effect), and (2) decentralization reducing the distance between bureaucrats and economic agents, which …
Persistent link: https://www.econbiz.de/10009266755
This paper surveys recent research on decentralization and natural disasters. The first part discusses results from … centralized or decentralized. -- natural disasters ; decentralization ; risk-sharing ; redistributive transfers ; federalism …
Persistent link: https://www.econbiz.de/10009724002