that have relatively similar backgrounds and tax systems: Australia, Canada, New Zealand, the UK, and the US. The first …

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 …

The "Decentralization Theorem" (Oates, 1972) is central to the discussion of fiscal federalism. We revisit the role of …

The political blessings of federalism are the core of our discussion. These benefits are operationalized as the … the population size of the nation: Next, the question is addressed how the gains from federalism react to variations in … the number of regions: The complementary question what happens to the gains of federalism when increasing the number of …

federalism by employing a simple dummy variable neglect potentially important institutional details. Based on a principal … component analysis, seven aspects of both federalism and decentralization are used as variables for explaining differences in (1 … institutional details do, indeed, matter. Different aspects of federalism impact on the outcome variables to different degrees. This …