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 …

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 …

This paper examines the decentralization of employment using zip code data on employment by industry. Most American … the city center, commute times rise with distance and poverty falls with distance) no longer hold. Decentralization is … centralization, but the dominant factor explaining decentralization is the residential preferences of workers. Political borders also …

of centralization stressed in the existing literature disappear, suggesting that the case for decentralization must be … driven by political economy considerations. Our political economy analysis assumes that under decentralization public goods …

efficient decentralization of investment decisions permits the institution to economize on the information which must be passed …