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Endogenous Decentralization in Federal Environmental Policies
Traub, Leah Goldman - 2010
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
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Fiscal Federalism and Legislative Malapportionment : Causal Evidence from Independent But Related Natural Experiments
Galiani, Sebastian - 2014
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
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Intergenerational Fiscal Constitutions : How to Protect Future Generations Using Land Taxes and Federalism
Conley, John P.; Rangel, Antonio - 2021
This paper studies how to design a fiscal constitution that, by capitalizing intergenerational spillovers into land values, is able to protect future generations from expropriation and to generate optimal investment in intergenerational public goods. In particular, we study how to accomplish...
Persistent link: https://www.econbiz.de/10013224175
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Evaluating the Efficiency and Equity of Federal Fiscal Equalization
Albouy, David - 2010
In theory, federal transfers that make household location decisions efficient should ignore local cost differences, subsidize positive externalities, and offset differences in federal-tax payments and local taxes levied on non-residents, but not local tax revenues from residents. Transfers that...
Persistent link: https://www.econbiz.de/10013141358
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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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A Political Economy Theory of Partial Decentralization
Hatfield, John William - 2009
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 … therefore obtain that the median voter favors a partial degree of decentralization. The equilibrium degree of decentralization …
Persistent link: https://www.econbiz.de/10012765361
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Decentralization in Developing Economies
Gadenne, Lucie - 2013
Standard models of fiscal federalism suggest many benefits of decentralization in developing economies, and there has … their relatively low levels of decentralization. We also consider additional features relevant to federalism in developing … been a recent push toward decentralization around the world. However, developing countries presently still have less …
Persistent link: https://www.econbiz.de/10013076576
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Expenditure Competition
Gordon, Roger H.; Wilson, John D. - 2021
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
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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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Inconsistent Regulators : Evidence from Banking
Agarwal, Sumit - 2012
US state chartered commercial banks are supervised alternately by state and federal regulators. Each regulator supervises a given bank for a fixed time period according to a predetermined rotation schedule. We use unique data to examine differences between federal and state regulators for these...
Persistent link: https://www.econbiz.de/10013112843