Showing 1 - 10 of 273
Persistent link: https://www.econbiz.de/10005700352
This essay contributes to second generation fiscal federalism (SGFF), which traces the implications of incentives … created by political and fiscal institutions. The approach explores how various forms of fiscal federalism work in the …. The paper focuses on three sets of positive models: First, it explores self-enforcing federalism; that is, how federal …
Persistent link: https://www.econbiz.de/10010709931
This article explores the policy and wealth consequences of alternative institutional arrangements through which fiscal policy interacts with monetary policy in a monetary union such as the EMU. The central issue of the article is the design of the appropriate monetary and fiscal institutions...
Persistent link: https://www.econbiz.de/10005809952
constitutional evolution of Australia and Canada. Both systems have responded to changing popular expectations of the scope and … tension between these competing elements is used to chart the interaction between federalism, parliamentary institutions and …
Persistent link: https://www.econbiz.de/10010777981
Abstract Since the economic reforms of the 1990s, Indian states have largely contributed to India’s foreign policy decision-making in two critical areas, namely, economic diplomacy and influencing India’s foreign policy with its neighbours. Given India’s growing importance in the world...
Persistent link: https://www.econbiz.de/10014615346
We show that imposition of a state-level environmental tax in a federation crowds out preexisting federal taxes. We explain how this vertical fiscal externality can lead unilateral statelevel environmental policy to generate a welfare gain in the implementing state, at the expense of other...
Persistent link: https://www.econbiz.de/10010986641
European citizenship poses a theoretical challenge to the paradigmatic understanding of citizenship as congruence between nation, state, and membership rights. This challenge is addressed in this paper by focusing on ideal typical models of the EU polity. Is EU citizenship more...
Persistent link: https://www.econbiz.de/10010862199
We study fiscal spending by supranational unions, where participation is voluntary and countries bargain over contributions to and the allocation of a central budget. We explore the link between the allocation and nations’ contributions that occurs since bargaining power is endogenous, and...
Persistent link: https://www.econbiz.de/10010877969
The paper analyzes whether a budgetary system could be decentralized in the process of current building and operating of local governments. It presents key factors which define a centralization/decentralization ratio. A special focus is on the principles of distinction between budget...
Persistent link: https://www.econbiz.de/10010904838
This paper discusses the problem of optimal design of a jurisdiction structure from the view point of a welfarist social planner when households with identical utility functions for non-rival public good and private consumption have private information about their contributive capacities. It...
Persistent link: https://www.econbiz.de/10010933805