Showing 1 - 10 of 362
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
fiscal autonomy of Italian municipalities by replacing government transfers with revenues from a local property tax. Our …
Persistent link: https://www.econbiz.de/10012794566
to provide, and what types of taxes, and which tax rates, to use in funding the public goods. In this paper we explore …
Persistent link: https://www.econbiz.de/10012478100
Medicaid's federal-state matching system of financing is the nation's largest example of fiscal federalism. Using generous federal subsidies, the Affordable Care Act incentivized states to expand Medicaid, which became a state option in the aftermath of a 2012 Supreme Court ruling. As of early...
Persistent link: https://www.econbiz.de/10012482043
, 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 redistribute resources equitably across regions will likely target …. Locational inefficiencies cost Canada 0.41 percent of income annually and cause over-funded provinces to have populations 31 …
Persistent link: https://www.econbiz.de/10012462512
state governments the sole right to tax exports. We create a panel of state debt risk premia and a series of state level …
Persistent link: https://www.econbiz.de/10012463238
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/10012463382
Under most federal environmental laws and some health and safety laws, states may apply for "primacy," that is, authority to implement and enforce federal law, through a process known as "authorization." Some observers fear that states use authorization to adopt more lax policies in a regulatory...
Persistent link: https://www.econbiz.de/10012465415
grants and other income. I propose a fully rational model in which violations of fungibility arise from dynamic interactions … income. States which were not involved in the settlement lawsuits spend less. The findings are consistent with the …
Persistent link: https://www.econbiz.de/10012466632
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