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Decentralization and Efficiency of Subsidy Targeting : Evidence from Chiefs in Rural Malawi
Basurto, Pia - 2017
Developing countries spend vast sums on subsidies. Beneficiaries are typically selected via either a proxy-means test (PMT) or through a decentralized identification process led by local leaders. A decentralized allocation may offer informational or accountability advantages, but may be prone to...
Persistent link: https://www.econbiz.de/10012956926
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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 … been a recent push toward decentralization around the world. However, developing countries presently still have less … decentralization, particularly on the revenue side, than both developed countries today and the United States and Europe historically …
Persistent link: https://www.econbiz.de/10013076576
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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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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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The Transmission of Democracy : From the Village to the Nation-State
Giuliano, Paola - 2013
We provide evidence that a history of democracy at the local level is associated with contemporary democracy at the national level. Auxiliary estimates show that a tradition of local democracy is also associated with attitudes that favor democracy, with better quality institutions, and higher...
Persistent link: https://www.econbiz.de/10013088393
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Fiscal Unions
Werning, Iván - 2012
We study cross-country risk sharing as a second-best problem for members of a currency union using an open economy model with nominal rigidities and provide two key results. First, we show that if financial markets are incomplete, the value of gaining access to any given level of aggregate risk...
Persistent link: https://www.econbiz.de/10013102600
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Endowments, Fiscal Federalism, and the Cost of Capital for States : Evidence from Brazil, 1891-1930
Martinez, Andre - 2010
In the last few years there has been an explosion in the number of papers that aim to explain what determines country risk (defined as the difference between the yield of a sovereign's bonds and the risk free rate). In this paper, we contribute to the discussion using by showing that Brazilian...
Persistent link: https://www.econbiz.de/10013150649
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Anchoring Fiscal Expectations
Leeper, Eric M. - 2010
In this lecture, I argue that there are remarkable parallels between how monetary and fiscal policies operate on the macro economy and that these parallels are sufficient to lead us to think about transforming fiscal policy and fiscal institutions as many countries have transformed monetary...
Persistent link: https://www.econbiz.de/10013151140
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Colonial Institutions, Commodity Booms, and the Diffusion of Elementary Education in Brazil, 1889-1930
Musacchio, Aldo - 2014
We explain how the decentralization of fiscal responsibility among Brazilian states between 1889 and 1930 promoted a …
Persistent link: https://www.econbiz.de/10013055513
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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