Narrow search
Showing 1 - 10 of 121
Cover Image
Demographic change and public sector budgets in a federal system
Hofmann, Michael (contributor); Kempkes, Gerhard (contributor) - 2008
Persistent link: https://www.econbiz.de/10003712570
Cover Image
Revisiting the "decentralization theorem" : on the role of externalities
Köthenbürger, Marko (contributor) - 2007
Persistent link: https://www.econbiz.de/10003620168
Cover Image
Effects of fiscal rules : 85 years' experience in Switzerland
Burret, Heiko T.; Feld, Lars P. - 2016
The paper investigates the fiscal effects of Swiss cantonal debt brakes by taking explicitly into account the rules' coverage. An in-depth analysis provides unique evidence that suggests the following: First, fiscal rules at the cantonal level have a negative effect on public deficits, which is...
Persistent link: https://www.econbiz.de/10011523766
Cover Image
Federal monetary policy
Hefeker, Carsten - 2001
What is the optimal institutional structure for an independent central bank? The paper shows when it will be optimal for a country to have a central bank to be organized according to federal, purely national or a combination of both aspects. The analysis is then extended to a supranational...
Persistent link: https://www.econbiz.de/10011398004
Cover Image
Centralized fiscal spending by supranational unions
Simon, Jenny; Valasek, Justin - 2013 - This version: June 28, 2013
We study fiscal spending by supranational unions, where participation is voluntary and countries bargain over contributions to and the allocation of a central budget. We explore the link between the allocation and nations ́contributions that occurs since bargaining power is endogenous, and...
Persistent link: https://www.econbiz.de/10009765517
Cover Image
Government decentralization as a commitment
Grâdšṭayn, Marq - 2014
. Building on insights provided by the “second generation” wave of research on fiscal federalism, this paper proposes a unified …
Persistent link: https://www.econbiz.de/10010356365
Cover Image
Government decentralization and international government performance
Goel, Rajeev K.; Mazhar, Ummad; Nelson, Michael A.; … - 2016
decentralization, federalism, and aggregate decentralization. Our results show that fiscal and administrative decentralization are …
Persistent link: https://www.econbiz.de/10011515296
Cover Image
Moral federalism : presented at CESifo Area Conference on Public Sector Economics, May 2004
Janeba, Eckhard - 2004
paper compares three regimes (centralization, decentralization and federalism) in an economy where individuals choose their … move from decentralization to federalism, called moral federalism, is welfare improving behind the veil of ignorance if and … only if centralization dominates decentralization, and (ii) for the group that favors a restrictive policy moral federalism …
Persistent link: https://www.econbiz.de/10011450084
Cover Image
Environmental tax reform in a federation with rent-induced migration
Garon, Jean-Denis; Séguin, Charles - 2015
We study the welfare effects of a revenue-neutral green tax reform in a federation. The reform consists of increasing a tax on a polluting input and reducing that on labor income. Households are fully mobile within the federation. Regions are unequally endowed with a nonrenewable natural...
Persistent link: https://www.econbiz.de/10010496890
Cover Image
Power shifts, emigration, and population sorting
Aklin, Michaël; Eichenauer, Vera - 2022
We investigate the consequences of a peaceful shift of power from one social group to another. Theoretically, we show that an individual's decision to stay put or migrate depends on the difference between the political preferences of groups and the change in tax. Empirically, we use the case of...
Persistent link: https://www.econbiz.de/10013205087