Dreher, Axel; Gehring, Kai; Kotsogiannis, Christos; … - Dipartimento di Economia, Management e Metodi … - 2013
explaining variation in the degree of decentralization across countries. Within a two-sided incomplete information principal …-agent framework, it analyzes two alternative policy-decision schemes –‘decentralization’ and ‘centralization’– when ‘knowledge … government levels. It is shown that, depending on which level of policy decision-making controls the degree of decentralization …