Showing 1 - 10 of 5,958
or contraction in the geographic size of nations, wars of secession, non-contested secessions, and growth of supra …
Persistent link: https://www.econbiz.de/10005800277
The draft treaty establishing a constitution for the European Union states that each member state may withdraw from the European Union following its own constitutional requirements. We argue that such a rule could lead into an increased use of threat of withdrawal to extract concessions in...
Persistent link: https://www.econbiz.de/10005046401
Persistent link: https://www.econbiz.de/10005700352
This essay contributes to second generation fiscal federalism (SGFF), which traces the implications of incentives … created by political and fiscal institutions. The approach explores how various forms of fiscal federalism work in the …. The paper focuses on three sets of positive models: First, it explores self-enforcing federalism; that is, how federal …
Persistent link: https://www.econbiz.de/10010709931
This paper examines the historical record of the Austro-Hungarian monetary union, focusing on its bargaining dimension. As a result of the 1867 Compromise, Austria and Hungary shared a common currency, although they were fiscally sovereign and independent entities. By using repeated threats to...
Persistent link: https://www.econbiz.de/10005136457
Persistent link: https://www.econbiz.de/10004998647
Persistent link: https://www.econbiz.de/10004998657
Persistent link: https://www.econbiz.de/10004998684
Persistent link: https://www.econbiz.de/10004998719
What is the optimal institutional structure for an independent central bank? The paper shows when it will be optimal for a country to have a central bank to be organized according to federal, purely national or a combination of both aspects. The analysis is then extended to a supranational...
Persistent link: https://www.econbiz.de/10005766079