Bjørnskov, Christian; Drehe, Axel; Fischer, Justina A.V. - In: Economics Letters 99 (2008) 1, pp. 147-151
We empirically analyze the impact of fiscal and political decentralization on subjective well-being in a cross-section of 60,000 individuals from 66 countries. More spending or revenue decentralization raises well-being while greater local autonomy is beneficial only via government consumption...
