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Was Pandemic Fiscal Relief Effective Fiscal Stimulus? Evidence from Aid to State and Local Governments
Clemens, Jeffrey; Hoxie, Philip G.; Veuger, Stan - National Bureau of Economic Research - 2022
We use an instrumental-variables estimator reliant on variation in congressional representation to analyze the effects of federal aid to state and local governments across all four major pieces of COVID-19 response legislation. Through September 2021, we estimate that the federal government...
Persistent link: https://www.econbiz.de/10013334387
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Balancing Federalism : The Impact of Decentralizing School Accountability
Hanushek, Eric Alan; Saenz-Armstrong, Patricia; … - National Bureau of Economic Research - 2024
change in policy allows estimation of the impact of altered federalism. By looking at how states reacted to their enhanced … with significantly lower student achievement growth. As a result, this readjustment of federalism to decision making by … lower levels appeared to lower national achievement. The snapshot of federalism impacts here is a lower bound on the effects …
Persistent link: https://www.econbiz.de/10014528390
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Intergovernmental Grants and Policy Competition : Concepts, Institutions, and Evidence
Clemens, Jeffrey; Veuger, Stan - National Bureau of Economic Research - 2023
the literature on the role of intergovernmental grants in systems of fiscal federalism. Second, we provide an updated look … directions for future research on the economics of fiscal federalism and the role of intergovernmental grants as policy …
Persistent link: https://www.econbiz.de/10014287352
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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/10012462512
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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/10012458669
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Medicaid and Fiscal Federalism During the COVID-19 Pandemic
Clemens, Jeffrey; Ippolito, Benedic N.; Veuger, Stan - National Bureau of Economic Research - 2021
We analyze the effects of the COVID-19 pandemic on state and local government finances, with an emphasis on health spending needs and the role of the Medicaid program. We arrive at three conclusions. First, we find that nationwide, and over the entirety of the federal budget window, the enhanced...
Persistent link: https://www.econbiz.de/10012510548
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An Optimal Taxation Approach to Fiscal Federalism
Gordon, Roger H. - 1982
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/10012478100
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Fiscal Federalism and the Budget Impacts of the Affordable Care Act's Medicaid Expansion
Gruber, Jonathan - 2020
Medicaid's federal-state matching system of financing is the nation's largest example of fiscal federalism. Using …
Persistent link: https://www.econbiz.de/10012482043
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Endowments, Fiscal Federalism, and the Cost of Capital for States : Evidence from Brazil, 1891-1930
Fritscher, André C. Martínez - 2009
because of the extreme form of fiscal federalism that the Brazilian government adopted in the Constitution of 1891, giving …
Persistent link: https://www.econbiz.de/10012463238
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What Does the European Union Do?
Alesina, Alberto - 2001
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/10012470068