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Local Public Funding of Higher Education when Students and Skilled Workers are Mobile

Lange, Thomas - Department Volkswirtschaftslehre, Fachbereich für … - 2008

The interregional mobility of high skilled workers might induce an underinvestment in local public higher education … when sub-federal entities independently decide on education expenditures to maximize local output. This well-known result … is due to interregional spillovers and provides a justification for coordinated education policy or rather a federal …

Persistent link: https://www.econbiz.de/10010780840

Lost in America: Evidence on Local Sales Taxes from National Panel Data

Agrawal, David - CESifo - 2014

This paper studies comprehensive national panel data of local option sales taxes at the monthly frequency. I calculate state-by-month population weighted averages of local sales tax rates. I document ten stylized facts concerning the time series patterns and spatial dynamics of local sales...

Persistent link: https://www.econbiz.de/10010888456

Fiscal federalism and local public finance: A computable general equilibrium (CGE) framework

Nechyba, Thomas - In: International Tax and Public Finance 3 (1996) 2, pp. 215-231

Persistent link: https://www.econbiz.de/10005809862

The Budgetary Repercussions Of Capital Convictions

Baicker, Katherine - In: Advances in Economic Analysis & Policy 4 (2004) 1, pp. 1311-1311

Understanding how transient fiscal distress affects the stability and distribution of local budgets is increasingly important as control of public spending and revenues becomes more decentralized. This paper exploits the large and unexpected shock to county budgets imposed by capital crime...

Persistent link: https://www.econbiz.de/10005579397

Subnational Public Financial Management; Institutions and Macroeconomic Considerations

Albino-War, Maria A; Singh, Raju Jan; Ahmad, Ehtisham - International Monetary Fund (IMF) - 2005

Transparent public financial management at the subnational level requires institutions and processes that mirror those needed at the central government level, in order to generate better accountability and competition among different subnational governments, critical elements in ensuring good...

Persistent link: https://www.econbiz.de/10005599626

LOST in America: Evidence on local sales taxes from national panel data

Agrawal, David R. - In: Regional Science and Urban Economics 49 (2014) C, pp. 147-163

This paper studies comprehensive national panel data of local option sales taxes at the monthly frequency. I calculate state-by-month population weighted averages and standard deviations of local sales tax rates. I document ten stylized facts concerning the time series patterns and spatial...

Persistent link: https://www.econbiz.de/10011117447

Russia's Regions; Income Volatility, Labor Mobility and Fiscal Policy

Kwon, Goohoon; Spilimbergo, Antonio - International Monetary Fund (IMF) - 2005

Russia's regions are heavily exposed to regional income shocks because of an uneven distribution of natural resources and a Soviet legacy of heavily skewed regional specialization. Also, Russia has a limited mobility of labor and lacks fiscal instruments to deal with regional shocks. We assess...

Persistent link: https://www.econbiz.de/10005263862

Implications of risks and rewards in college decisions

Artheya, Kartik; Price, David - In: Richmond Fed Economic Brief (2013) June

Despite a large and growing earnings premium for college graduates, growth in college enrollment and especially college attainment in the United States has been quite slow. The labor market's apparent lack of responsiveness to the earnings premium may be driven in part by the risks that...

Persistent link: https://www.econbiz.de/10010722978

Job Accessibility and the Employment and School Enrollment of Teenagers

Ihlanfeldt, Keith - W.E. Upjohn Institute for Employment Research

Ihlanfeldt presents data that strongly support the "spatial mismatch hypothesis" for the high unemployment rate of disadvantaged teens. This theory, which the author thoroughly outlines in this work, asserts that the suburbanization of low-skill jobs and continued housing market segregation have...

Persistent link: https://www.econbiz.de/10008488914

Skill Flow: A Fundamental Reconsideration of Skilled-Worker Mobility and Development

Clemens, Michael - 2009

Large numbers of doctors, engineers, and other skilled workers from developing countries choose to move to other countries. Do their choices threaten development? The answer appears so obvious that their movement is most commonly known by the pejorative term “brain drain.” This paper...

Persistent link: https://www.econbiz.de/10008528573

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