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The paper by Tannenwald examines the recent debate on devolution of fiscal responsibilities from the U.S. federal government to the States. Over the last 70 years, the share of federal spending out of total government outlays doubled, reaching 61 per cent. This trend appears inconsistent with...
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This paper empirically investigates the effect of fiscal decentralization on public safety, which is widely taken as an … of the decentralization effect. In a decentralized setting, the fiscal competition between jurisdictions motivates local … 2009, we find the fiscal decentralization generally lowers the crime rate, but the effect is smaller for mobile crime than …
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Following a brief review of the theoretical literature on the benefits and shortcomings of fiscal decentralization this … determinants, on the one hand, and constructed indicators of fiscal decentralization, on the other hand. The analysis suggests for … and capital formation, on the one hand, and fiscal decentralization, on the other hand. By contrast, for countries with …
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