Showing 1 - 10 of 13,195
I discuss a dynamic version of the Zodrow-Miezskowski model, where world capital supply is not fixed. The time horizon of the welfare maximizing government is assumed to be infinite whereas the household sector is designed according to the two-period overlapping-generations model. Thus social...
Persistent link: https://www.econbiz.de/10010281960
weitere Reformen der Finanzverfassung. In der vorliegenden Arbeit wird eine stärker an der Wirtschaftskraft orientierte … wird ein vereinfachter Finanzausgleich (ohne Umsatzsteuer-Vorwegausgleich und Bundesergänzungszuweisungen) mit einem …The reform of fiscal federalism in Germany enacted in 2006 has focussed on separating the joint legislation process …
Persistent link: https://www.econbiz.de/10010297017
The paper considers governments' public procurement decision as a way of influencing industry structure. In a federation in which capital is mobile and capital taxation is harmonized, a home bias in public procurement can potentially be explained as an effort to increase the capital intensity of...
Persistent link: https://www.econbiz.de/10010297639
A long-standing concern in the literature has been that household mobility implies a serious threat to the viability of redistributive taxation. This paper considers the effects of deferred integration of migrants into the redistributive system of the target country. In a model of symmetric...
Persistent link: https://www.econbiz.de/10010277175
In this paper, we take up the question why a group of sovereign countries is willing to form a federation even if residents of the high-income region suspect potential immigrants to be net beneficiaries of the tax and transfer system. We argue that income uncertainty alone cannot satisfactorily...
Persistent link: https://www.econbiz.de/10010296313
This article examines recent and potential reforms in India's fiscal federal system. We summarize key federal institutions in India, including tax and expenditure assignments, and mechanisms for Center-state transfers. We discuss the institutional process by which reforms can and do take place,...
Persistent link: https://www.econbiz.de/10010285330
This article examines recent and potential reforms in India's fiscal federal system. We summarize key federal institutions in India, including tax and expenditure assignments, and mechanisms for Center-state transfers. We discuss the institutional process by which reforms can and do take place,...
Persistent link: https://www.econbiz.de/10010322734
Persistent link: https://www.econbiz.de/10010294566
paper compares three regimes (centralization, decentralization and federalism) in an economy where individuals choose their … move from decentralization to federalism, called moral federalism, is welfare improving behind the veil of ignorance if and … only if centralization dominates decentralization, and (ii) for the group that favors a restrictive policy moral federalism …
Persistent link: https://www.econbiz.de/10010261228
The "Decentralization Theorem" (Oates, 1972) is central to the discussion of fiscal federalism. We revisit the role of …
Persistent link: https://www.econbiz.de/10010264235