Showing 1 - 10 of 149
country's decentralization level serves as a strategic tool through its influence on the mix of horizontal and vertical …
Persistent link: https://www.econbiz.de/10001733378
Differences in the degree of fiscal decentralization observed between the U.S. and many countries in Europe cannot be … explained within the standard theory of fiscal decentralization. By introducing preferences for solidarity equality in the … provision of public goods and services across regions we show that different decentralization schemes can coexist as efficient …
Persistent link: https://www.econbiz.de/10003412112
This paper adds to the literature by utilizing improved data on tax revenue decentralization to re-examine the … relationship between fiscal decentralization and the size of government. An econometric analysis using panel data from 18 OECD … countries shows that fiscal decentralization matters for both the size and composition of government spending. Tax revenue …
Persistent link: https://www.econbiz.de/10003244346
We study the tension between fiscal decentralization and progressive taxation. We present a multi-community model in …
Persistent link: https://www.econbiz.de/10003189223
This paper discusses the recent literature on the role of the state in economic development. It concludes that government incentives to enact sound policies are key to economic success. It also discusses the evidence on what happens after episodes of economic and political liberalizations,...
Persistent link: https://www.econbiz.de/10002388500
This paper uses an endogenous-growth model with overlapping generations to explore the connection between fiscal federalism and economic growth. The analysis shows that federalism, which allows public-good levels to be tailored to suit the differing demands of young and old consumers, who live...
Persistent link: https://www.econbiz.de/10003244317
Considerable concern has been expressed in resent years about declines in voter participartion rates in the United States and in several other major democratic countries. Some feel low participation rates intropuce a "class bias" into the political process and thereby worsen the outcomes from...
Persistent link: https://www.econbiz.de/10001649183
This paper presents estimates of world output growth from 1970 to 2000, the distribution of income among countries and persons for the years 1980, 1990 and 2000, and world poverty rates for the same years. It also presents the results of a series of simulation exercises that attempt isolate the...
Persistent link: https://www.econbiz.de/10001728849
This paper focuses on the role of "institutions" in the fight against poverty and inequality. Our view of institutions encompasses formal rules designed by polity (including those in the legal and economics sphere such as rules of property rights, contracts and liabilities) as well as informal...
Persistent link: https://www.econbiz.de/10001728869
There is much disagreement about both the facts and the explanations of income inequality. Even if we confine attention to OECD countries, we find people arguing that there has been a great U-turn, with inequality rising sharply after its post war fall, and others who believe that the speed of...
Persistent link: https://www.econbiz.de/10001739589