-best allocation and show efficiency can be implemented with decentralization using head taxes. We calibrate the model and compare … choice underlies the failure to achieve efficiency with decentralization and property taxes: Poorer households crowd richer … decentralization and property taxation are large, dissipating most if not all the potential welfare gains that efficient …

city inhabitants, and lower levels of military spending by ruling elites, as predicted by the theory …

simple model of the interaction between the federal and state governments in such a scheme of partial decentralization. Our …

We revisit the classic problem of tax competition in the context of federal nations, and derive a positive theory of … partial decentralization. A capital poor median voter wants to use capital taxes to provide public goods. This results in …. Decentralization provides such a commitment: local governments avoid using capital taxes due to the pressure of tax competition. We …

for the complementarity of performance pay and decentralization of decision-making from principals to employees … employees, as opposed to a general movement towards more decentralization throughout the organization. Finally, we find that …

response. In this paper, we explore the effect that competition for residents induced by fiscal decentralization has on 'waste … an additional advantage of fiscal decentralization …