American “we-do-federalism-right” triumphalism. In the United States, as in Europe, subordinate governments are beset by … governments. That commitment was once the glory of American federalism. Over the past decade, however, the no-bailout commitment … has effectively collapsed. Its demise entails fundamental changes in American federalism, none of them encouraging. After …

the EU and the mernber states. It takes the theory of fiscal federalism as a starting point for an optimal allocation of …

the EU and the mernber states. It takes the theory of fiscal federalism as a starting point for an optimal allocation of …

historical experiences with higher-level governments can plausibly raise demands for exit strategies and a devolution of power … three referenda and less euroscepticism in European elections. Survey evidence supports exit and integration as two …

with a vertical federalism governance structure calibrated to the European Union. Our simulations show that a federal …