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Growing State-Federal Conflicts in Environmental Policy : The Role of Market-Based Regulation
Williams, Roberton C. - 2010
In recent years, cases in which state governments chose to override federal environmental regulation with tighter … paper argues that this change arose at least in part because of a shift in the type of regulation used at the federal level …, from command-and-control regulation toward more incentive-based regulation. Under an incentive-based federal regulation, a …
Persistent link: https://www.econbiz.de/10013141265
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State Gun Policy and Cross-State Externalities : Evidence from Crime Gun Tracing
Knight, Brian G. - 2011
This paper provides a theoretical and empirical analysis of cross-state externalities associated with gun regulations in the context of the gun trafficking market. Using gun tracing data, which identify the source state for crime guns recovered in destination states, we find that firearms in...
Persistent link: https://www.econbiz.de/10013119952
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Experimentation in Federal Systems
Callander, Steven - 2013
We present a model where heterogeneous districts choose both whether to experiment and the policies to experiment with. Since districts learn from each other, the first-best requires that policy experiments converge so that innovations are useful also for neighbors. However, the equilibrium...
Persistent link: https://www.econbiz.de/10013073557
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Inconsistent Regulators : Evidence from Banking
Agarwal, Sumit - 2012
these differences. These findings suggest that inconsistent oversight can hamper the effectiveness of regulation by delaying …
Persistent link: https://www.econbiz.de/10013112843
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Unintended Consequences from Nested State & Federal Regulations : the Case of the Pavley Greenhouse-Gas-Per-Mile Limits
Goulder, Lawrence H. - 2009
Fourteen U.S. states recently pledged to adopt limits on greenhouse gases (GHGs) per mile of light-duty automobiles. Previous analyses predicted this action would significantly reduce emissions from new cars in these states, but ignored possible offsetting emissions increases from policy-induced...
Persistent link: https://www.econbiz.de/10013156421
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Splendid Associations of Favored Individuals : Federal and State Commercial Banking Policy in the Federalist Era
Bodenhorn, Howard - 2009
Early American firms were shaped by contemporary social conceptions of appropriate horizontal power relations inside the firm and the Federalist era bank was shaped by these conceptions. The Federalist era debate on the corporation was much broader than how shareholders would treat with one...
Persistent link: https://www.econbiz.de/10013158035
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Majority Choice of Taxation and Redistribution in a Federation
Calabrese, Stephen - 2018
We provide a model with a federal government and multiple local governments, the former with power to levy an income tax for redistribution, and the latter choosing a local income tax, property tax, lump-sum tax or subsidy, and a local public good. Policy is set by majority choice at each tier...
Persistent link: https://www.econbiz.de/10012910304
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Intergovernmental Cooperation and Tax Enforcement
Troiano, Ugo - 2017
Improving the efficiency of tax collection is important for development and fairness purposes. I study the Audit Exchange Information Agreements, which are agreements between the states and the U.S. federal government to exchange information about income tax audit plans and techniques, signed...
Persistent link: https://www.econbiz.de/10012940795
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Fiscal Rules, Bailouts, and Reputation in Federal Governments
Dovis, Alessandro - 2017
Expectations of transfers by central governments incentivize overborrowing by local governments. In this paper, we ask if fiscal rules can reduce overborrowing if central governments cannot commit. We study a model in which the central government's type is unknown and show that fiscal rules...
Persistent link: https://www.econbiz.de/10012945158
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Lifting the Curse of Dimensionality : Measures of the Labor Legislation Climate in the States During the Progressive Era
Fishback, Price V. - 2010
summary measures of labor regulation that document the changes in labor regulation across states and over time during the … affected and builds up the overall index from 17 categories of regulation; the number of pages of laws; appropriations for … changes in labor regulation during the progressive era. We then provide preliminary evidence on the extent to which the labor …
Persistent link: https://www.econbiz.de/10012758595