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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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Decentralizing Education Resources : School Grants in Senegal
Carneiro, Pedro Manuel - 2015
The impact of school resources on the quality of education in developing countries may depend crucially on whether resources are targeted efficiently. In this paper we use a randomized experiment to analyze the impact of a school grants program in Senegal, which decentralized a portion of the...
Persistent link: https://www.econbiz.de/10013024874
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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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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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What Does the European Union Do?
Alesina, Alberto F.; Angeloni, Ignazio; Schuknecht, Ludger - 2021
We construct a set of indicators to measure the policy-making role of the European Union (European Council, Parliament, Commission, Court of Justice, etc.), in a selected number of policy domains. Our goal is to examine the division of prerogatives between European institutions and national...
Persistent link: https://www.econbiz.de/10013215691
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The Budgetary Repercussions of Capital Convictions
Baicker, Katherine - 2021
Control of public spending and revenues is increasingly being left to states and localities. In order to understand the consequences of such a movement on the distribution of social spending, it is necessary to understand how fiscal distress will affect state and local budgets. This paper...
Persistent link: https://www.econbiz.de/10013226061
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Fiscal Federalism in Europe : Lessons from the United States Experience
Inman, Robert P.; Rubinfeld, Daniel L. - 2021
eastern European and Soviet states experiment with policy decentralization, the states of western Europe are looking to a more …--notably, the need to consider, and balance, the inefficiencies of fiscal policy decentralization (spillovers and wasteful fiscal …
Persistent link: https://www.econbiz.de/10013234060