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Policy Responses to Fiscal Restraints : A Difference-in-Discontinuities Design

Grembi, Veronica - 2012

We evaluate the effect of relaxing fiscal rules on policy outcomes applying a quasi-experimental research design. In 1999, the Italian central government introduced fiscal rules aimed at imposing fiscal discipline on municipal governments, and in 2001 the rules were relaxed for municipalities...

Persistent link: https://www.econbiz.de/10013098807

Distributional Effects of Intergovernmental Transfers in Mexico

Rodríguez-Castelán, Carlos - 2020

A rigorous understanding of the developmental effect of fiscal transfers to subnational governments remains an important policy research issue globally. This paper exploits a novel dataset of 20 years of municipal poverty maps and local public finances to study the effects on local welfare of a...

Persistent link: https://www.econbiz.de/10012836578

The Dynamic Response of Municipal Budgets to Revenue Shocks

Helm, Ines; Stuhler, Jan - 2023

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/10014357255

The Impact of Fiscal and Political Decentralization on Local Public Investments in Indonesia

Kis-Katos, Krisztina - 2014

We investigate the effects of the Indonesian decentralization and democratization process on budget allocation at the … infrastructure. We find that after the dramatic expenditure decentralization of 2001, districts with relatively lower levels of … and administrative decentralization, we find no consistent effects of the democratization process on local public …

Persistent link: https://www.econbiz.de/10013060625

Fiscal Decentralization and Development : How Crucial is Local Politics?

Pal, Sarmistha - 2010

Does fiscal decentralization in a politically decentralized less developed country help strengthen democratic … institutions at the grass root level? And is the impact of such decentralization on local politics important in determining local … development? Our study on Indonesia suggests that fiscal decentralization enhanced free and fair local elections, though the …

Persistent link: https://www.econbiz.de/10013136490

Do Fiscal and Political Decentralization Raise Students' Performance? A Cross-Country Analysis

Diaz-Serrano, Luis - 2012

exists a tendency towards decentralization in many developed and developing countries. Using micro data from the Programme … political decentralization on student performance in the areas of mathematics, reading skills and science. We observe that … fiscal decentralization exerts an unequivocal positive effect on students' outcomes in all areas, while the effect of …

Persistent link: https://www.econbiz.de/10013103478

Decentralization, Happiness and the Perception of Institutions

Diaz-Serrano, Luis - 2011

,000 observations of individuals living in 29 European countries. Our results reveal that political and fiscal decentralization have a … positive and significant effect on individuals' overall happiness. Fiscal decentralization also exerts a significant effect on … effect of political decentralization on these variables is more limited. The results show that citizens seem to be happier …

Persistent link: https://www.econbiz.de/10013126916

Distributional Consequences of Labor Demand Adjustments to a Downturn : A Model-Based Approach with Application to Germany 2008-09

Bargain, Olivier - 2010

Macro-level changes can have substantial effects on the distribution of resources at the household level. While it is possible to speculate about which groups are likely to be hardest-hit, detailed distributional studies are still largely backward-looking. This paper suggests a straightforward...

Persistent link: https://www.econbiz.de/10013137252

The Economic and Fiscal Effects on the United States from Reduced Numbers of Refugees and Asylum Seekers

Clemens, Michael A. - 2022

International migrants who seek protection also participate in the economy. Thus the policy of the United States to drastically reduce refugee and asylum-seeker arrivals from 2017 to 2020 might have substantial and ongoing economic consequences. This paper places conservative bounds on those...

Persistent link: https://www.econbiz.de/10014083330

Fiscal Effects of Minimum Wages : An Analysis for Germany

Bauer, Thomas K.; Kluve, Jochen; Schaffner, Sandra; … - 2021

Against the background of the current discussion on the introduction of statutory minimum wages in Germany, this paper analyzes the potential employment and fiscal effects of such a policy. Based on estimated labor demand elasticities obtained from a structural labor demand model, the empirical...

Persistent link: https://www.econbiz.de/10013324742