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transfers between the central and local governments in an efficient way. For instance, some criticise that a large number of …
Persistent link: https://www.econbiz.de/10011698366
The mainstream fiscal federalism literature has led to an instinctive belief that states receiving fiscal aid during a recession are taking advantage of the federal government in pursuit of localized benefits with dispersed costs. This policy brief by Alex Williams challenges this unreflective...
Persistent link: https://www.econbiz.de/10013164762
We provide comparable evidence on the patterns and trends in obesity across the Atlantic and analyse whether there are economic rationales for public intervention to control obesity. We take into account equity issues as well as efficiency considerations, which are organized around three...
Persistent link: https://www.econbiz.de/10010268706
The public economic burden of shifting trends in population health remains uncertain. Sustained increases in obesity, diabetes, and other diseases could reduce life expectancy - with a concomitant decrease in the public-sector's annuity burden - but these savings may be offset by worsening...
Persistent link: https://www.econbiz.de/10010269708
Retired households, especially those with high lifetime income, decumulate their wealth very slowly, and many die leaving large estates. The three leading explanations for the 'retirement savings puzzle' are the desire to insure against uncertain lifespans and medical expenses, the desire to...
Persistent link: https://www.econbiz.de/10014480367
-barrel spending, which takes the form of higher transfers from state to local governments. This finding might also imply that …
Persistent link: https://www.econbiz.de/10010282533
Persistent link: https://www.econbiz.de/10011286358
The US decision not to ratify the Kyoto Protocol and the recent outcomes of the Bonn and Marrakech Conferences of the Parties have important implications for both the effectiveness and the efficiency of future climate policies. Among these implications, those related with technical change and...
Persistent link: https://www.econbiz.de/10011608863
This paper compares the poverty reduction impact of income sources, taxes and transfers across five OECD countries …
Persistent link: https://www.econbiz.de/10010269203
, relaxing binding credit constraints or responding to a transitory income shock. Financial transfers however, may extend … affect the distribution of resources within or between families in the next generation although the timing of transfers for … schooling or housing may have a significant impact on an individual child. Annual parental transfers for college age children in …
Persistent link: https://www.econbiz.de/10010269522