Showing 1 - 10 of 6,466
In theory, federal transfers that make household location decisions efficient should ignore local cost differences …
Persistent link: https://www.econbiz.de/10013141358
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 … lowers returns to redistribution. The median voter would therefore like to commit to a lower level of capital taxes …
Persistent link: https://www.econbiz.de/10012765361
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 …
Persistent link: https://www.econbiz.de/10013227493
simple model of the interaction between the federal and state governments in such a scheme of partial decentralization. Our …
Persistent link: https://www.econbiz.de/10012759960
In this paper I develop a positive theory of intergenerational transfers. I argue that transfers are a means to induce … theory in this paper is consistent with a number of regularities: transfers appear to be a luxury good that societies buy …
Persistent link: https://www.econbiz.de/10013311879
We exploit three natural experiments in Argentina in order to study the role of legislative malapportionment on the biased federal tax sharing scheme prevalent in the country. We do not find support to attribute it to legislative malapportionment during periods when democratic governments were...
Persistent link: https://www.econbiz.de/10013056579
This paper attempts to address two long standing questions in Public Finance: (i) why is the property tax, despite popular complaints about its fairness, the almost exclusive tax instrument used by local governments, and (ii) why do we consistently observe higher levels of governments undermine...
Persistent link: https://www.econbiz.de/10013323556
, government spending, fiscal deficits, and redistribution …
Persistent link: https://www.econbiz.de/10013102600
In a Federal system of government, each unit of government decides independently how much of each type of public good to provide, and what types of taxes, and which tax rates, to use in funding the public goods. In this paper we explore what types of problems can arise from this decentralized...
Persistent link: https://www.econbiz.de/10013210669
We present a model of a peaceful transition from autocracy to democracy using federal governance as a constitutional means to protect the economic interests of the once ruling elite. Under quot;democratic federalismquot; the constitution creates an annual policy game where the new majority and...
Persistent link: https://www.econbiz.de/10012759609