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The political economy of municipal amalgamation : evidence of common pool effects and local public debt
Feld, Lars P.; Fritz, Benedikt - 2015
This paper investigates the political economy of after merger effects of the large scale municipal amalgamations in the German state of Baden-W¨urttemberg in the early 1970s. By exploiting the huge variance in the amalgamation process in terms of number of participating municipalities,...
Persistent link: https://www.econbiz.de/10011404642
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The political economy of municipal amalgamation : evidence of common pool effects and local public debt
Fritz, Benedikt; Feld, Lars P. - 2015
This paper investigates the political economy of after merger effects of the large scale municipal amalgamations in the German state of Baden-Württemberg in the early 1970s. By exploiting the huge variance in the amalgamation process in terms of number of participating municipalities,...
Persistent link: https://www.econbiz.de/10011406787
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Common pool effects and local public debt in amalgamated municipalities
Fritz, Benedikt; Feld, Lars P. - In: Public choice 183 (2020) 1/2, pp. 69-99
Persistent link: https://www.econbiz.de/10012230182
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The Political Economy of Municipal Amalgamation - Evidence of Common Pool Effects and Local Public Debt
Fritz, Benedikt - 2016
This paper investigates the political economy of after merger effects of the large scale municipal amalgamations in the German state of Baden-Württemberg in the early 1970s. By exploiting the huge variance in the amalgamation process in terms of number of participating municipalities,...
Persistent link: https://www.econbiz.de/10012999787
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Modeling fiscal sustainability in dynamic macro-panels with heterogeneous effects : evidence from German federal states
Feld, Lars P.; Köhler, Ekkehard A.; Wolfinger, Julia - 2018
sustainability criteria. According to our results, politicians have significantly reacted to increasing debt levels by increasing … reaction to increasing debt levels in the West German Laender panel. …
Persistent link: https://www.econbiz.de/10011822075
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Modeling fiscal sustainability in dynamic macro-panels with heterogeneous effects : evidence from German federal states
Feld, Lars P.; Köhler, Ekkehard A.; Wolfinger, Julia - 2018
sustainability criteria. According to our results, politicians have significantly reacted to increasing debt levels by increasing … reaction to increasing debt levels in the West German Laender panel. …
Persistent link: https://www.econbiz.de/10011811360
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Modeling fiscal sustainability in dynamic macro-panels with heterogenous effects : evidence from German federal states
Feld, Lars P.; Köhler, Ekkehard A.; Wolfinger, Julia - 2018
sustainability criteria. According to our results, politicians have significantly reacted to increasing debt levels by increasing … reaction to increasing debt levels in the West German Laender panel. …
Persistent link: https://www.econbiz.de/10011814265
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The quest for fiscal rules
Feld, Lars P. - 2018
James Buchanan pioneered the political economics of public debt 60 years ago. In this paper, we contrast his thinking … of the burden of debt, the public choice mechanisms that lead to excessive debt and the demand for constitutional … restraints on public debt with its development, its sustainability, the evidence on the political economy of debt and on the …
Persistent link: https://www.econbiz.de/10011888483
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Fiscal sustainability of the German länder : time-series evidence
Burret, Heiko Tobias; Feld, Lars P.; Köhler, Ekkehard A. - In: FinanzArchiv : public finance analysis 73 (2017) 1, pp. 103-132
Persistent link: https://www.econbiz.de/10011908007
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Fiscal sustainability of the German Laender : time series evidence
Burret, Heiko T.; Feld, Lars P.; Köhler, Ekkehard A. - 2015
East German Laender. As we apply unit root and stationarity tests not only on debt but also on expenditure and revenue and …
Persistent link: https://www.econbiz.de/10011404648