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The dynamic response of municipal budgets to revenue shocks

Helm, Ines; Stuhler, Jan - 2021

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

Local property tax reform and municipality spending efficiency

Afonso, António; Venâncio, Ana - 2022

We investigate the effect on municipality spending efficiency of a local property tax reform, which reduced in 2008 the upper limit of the property tax. We compute municipality efficiency scores via data Envelopment Analysis (DEA) from 2005 to 2011, and then we rely in a panel data set to...

Persistent link: https://www.econbiz.de/10012803767

Using a discontinuous grant to identify the effect of grants on local taxes and spending

Dahlberg, Matz (contributor); Mörk, Eva (contributor); … - 2006

Persistent link: https://www.econbiz.de/10003457153

Looking for appropriate forms of intergovernmental transfers for municipalities in transition economies

Nam, Chang-woon; Parsche, Rüdiger - 2001

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

Tax responses in local public finance : the flypaper effect at work

Köthenbürger, Marko; Loumeau, Gabriel - 2023

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

Identifying tax-setting responses from local fiscal policy programs

Merlo, Valeria; Schanbacher, Andreas; Thunecke, Georg; … - 2023

This paper studies tax policy interaction among local governments for both mobile and immobile tax bases. We exploit exogenous changes in the local tax setting of German municipalities due to participation in state debt reduction programs to learn about the size, scope and nature of strategic...

Persistent link: https://www.econbiz.de/10014288353

Municipal finance in Poland, the Slovak Republic, the Czech Republic and Hungary : institutional framework and recent development

Nam, Chang-woon; Parsche, Rüdiger - 2001

-ordinating intergovernmental fiscal transfers between the central and local governments. For instance, some criticise that many small …

Persistent link: https://www.econbiz.de/10011398112

The fiscal response to revenue shocks

Berset, Simon; Huber, Martin; Schelker, Mark - 2021

We study the impact of fiscal revenue shocks on local fiscal policy. We focus on the very volatile revenues from the immovable property gains tax in the canton of Zurich, Switzerland, and analyze fiscal behavior following large and rare positive and negative revenue shocks. We apply causal...

Persistent link: https://www.econbiz.de/10012420862

Strategic bankruptcies : do smart politicians do it better?

Bordignon, Massimo; Cipullo, Davide; Turati, Gilberto - 2025 - This version: May 2025

We study the reaction of low vs. high-skilled politicians to a reform, approved in Italy in 2011, that introduces stringent individual financial and career sanctions to local administrators who are judged responsible for their municipality’s bankruptcy. To this aim, we leverage exogenous...

Persistent link: https://www.econbiz.de/10015413988

Lost in America : evidence on local sales taxes from national panel data

Agrawal, David - 2014 - This Version: June 2014

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