Showing 1 - 10 of 5,382
We develop a model of policy experimentation in federal systems in which heterogeneous districts choose both whether to experiment and the policies to experiment with. The prospect of informational spillovers implies that in the fi rst best the districts converge in their policy choice....
Persistent link: https://www.econbiz.de/10011862030
The paper analyzes one important aspect of the constitutional debate: the allocation of econornie competences between the EU and the mernber states. It takes the theory of fiscal federalism as a starting point for an optimal allocation of economic competences. The main message of the theory is...
Persistent link: https://www.econbiz.de/10011490654
Persistent link: https://www.econbiz.de/10012496995
Persistent link: https://www.econbiz.de/10010489516
Persistent link: https://www.econbiz.de/10000608617
Persistent link: https://www.econbiz.de/10001323438
Persistent link: https://www.econbiz.de/10001638952
Fiscal decentralization has been, and remains high on the policy agenda of many countries. It is mainly driven by … disparities in incomes or resource endowments. More generally, decentralization pressures frequently reflect a desire for more … motivation, fiscal decentralization can have important macroeconomic implications. Therefore, Fund advice to member countries …
Persistent link: https://www.econbiz.de/10014410401
Economic policy is generally directed to achieve particular objectives which include targets for inflation, desirable unemployment levels, economic growth pace, standard of living of citizens among others. An economic policy is a course of action that is intended to influence or control the...
Persistent link: https://www.econbiz.de/10012979653
Persistent link: https://www.econbiz.de/10008696384