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number of ministers in the cabinet is negatively associated with fiscal discipline. Furthermore, the fiscal referendum does …
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jurisdictions with referendum decisions on policy centralization. Citizens choose centralization of public spending and revenue in … cantons from 1980 to 1998 supports the hypothesis that centralization is less likely under referendum decision-making. …
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referendum reduces the reliance of states on matching grants received from the central government and thus the possibility of …
Persistent link: https://www.econbiz.de/10010265727
The advantages and disadvantages of fiscal federalism are widely discussed in economics and political science. While some authors argue that federalism favors individual initiatives and serves as a market preserving device, others emphasize the dangers arising from an increasing corruption and...
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