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“Glocalization” and decentralization: The role of local governments in the new international context

Porto, Alberto; Tortarolo, Natalia Porto y Darío - Volkswirtschaftliche Fakultät, … - 2014

Globalization, technological changes and the information revolution are phenomena that affect the ways in which different levels of government allocate their public resources and expenditures. This paper examines one aspect of the problem: the decentralization of the subnational public sector...

Persistent link: https://www.econbiz.de/10011266107

Transferencias a los Gobiernos Locales: una mirada a las fuentes de su desigualdad

Mauro, Raul - Volkswirtschaftliche Fakultät, … - 2007

What are the income inequality sources for local governments? In this paper is analyzed the case of Lima government incomes (transfers from Central Government) and it is found that they are all highly unequal. This outcome implies that not only mining taxes transfers are unequal, but also the...

Persistent link: https://www.econbiz.de/10005837062

Il “patto” di stabilità interno: le prospettive del “patto” e le questioni del contesto

Pica, Federico; Amatucci, Angela; Villani, Salvatore - Volkswirtschaftliche Fakultät, … - 2009

Nella situazione attuale, gli effetti strutturali del patto di stabilità interno vanno considerati con ogni attenzione. Questi effetti sono “prociclici”: essi aggravano i fenomeni deflattivi che, dopo la crisi del 2008, sono oggi pesantemente in corso. L’analisi statistica condotta mostra...

Persistent link: https://www.econbiz.de/10008876637

Local Government Investments and Ineffectiveness of Fiscal Stimulus during Japan's Lost Decades

Funashima, Yoshito; Horiba, Isao; Miyahara, Shoichi - Volkswirtschaftliche Fakultät, … - 2015

This paper provides an explanation of the reason why previous works suggest that the effect of fiscal stimulus measure is, if any, small during the lost decades in Japan. To show this, it focuses on public investment by local governments which occupies a substantial portion of the total...

Persistent link: https://www.econbiz.de/10011122274

Un repaso de conceptos sobre capacidad y esfuerzo fiscal, y su aplicación para los gobiernos locales mexicanos.

Sour, Laura - Volkswirtschaftliche Fakultät, … - 2008

In order to analyze the transfers policy among different levels of government, first it is necessary to calculate the capacity and fiscal effort of the specific region of study. This paper reviews the different methods to compute these two concepts and it also shows how the availability of...

Persistent link: https://www.econbiz.de/10011110383

Local governments’ fiscal policy as a factor of urban development – evidence from Poland

Waśniewski, Krzysztof - Volkswirtschaftliche Fakultät, … - 2012

The paper explores the issue of urban development in the context of fiscal crisis. A model of municipal governance is introduced, explaining how social agents’ individual strategies shape the accumulation of debt by local governments. Empirical investigation, in a sample of big Polish cities,...

Persistent link: https://www.econbiz.de/10011258161

Does re-design of the policies on housing finance and supply help to solve housing question of Turkey?

Coskun, Yener - Volkswirtschaftliche Fakultät, … - 2011

Housing is one of the major socio-economic problems in Turkey. Widespread spontaneous settlements in urban area may be … accepted as the sufficient criterion for the level of housing question in Turkey. Additionally, there are important quality … problems in existing housing units. This problematic structure may be also explained by the lack of efficient housing policies …

Persistent link: https://www.econbiz.de/10009147680

Price formation in the housing market in CIS countries (Moscow city case study).

Potashev, Roman - Volkswirtschaftliche Fakultät, … - 2011

The article presents the author's model of pricing at the housing market. Economic indicators according to which the … analysis should be carried out are defined in this article. The analysis of prices at the housing market of CIS countries on …

Persistent link: https://www.econbiz.de/10011259018

Love Thy Neighbor: Income Distribution and Housing Preferences

Leung, Tin Cheuk; Tsang, Kwok Ping - Volkswirtschaftliche Fakultät, … - 2011

a semi-parametric hedonic pricing model for about 90,000 housing units transacted in Hong Kong between 2005 and 2006. We … first identify a hedonic price function by locally regressing the rental price of the housing unit on its intrinsic and … experiments show that reallocating Public Rental Housing by half can increase the welfare of homeowners by about HK$8,000 on …

Persistent link: https://www.econbiz.de/10009226813

Motivated Sellers & Predatory Buyers

Selcuk, Cemil - Volkswirtschaftliche Fakultät, … - 2012

We develop an equilibrium search model of the housing market where sellers may become distressed as they are unable to …

Persistent link: https://www.econbiz.de/10009647382