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Persistent link: https://www.econbiz.de/10003742755
Several recent studies suggest that equalizing transfers in a federal system may distort the tax policy decisions of states. We study this issue for the German federal fiscal system. In a simple theoretical model, we first identify a substitution and an income effect of equalizing transfers. Our...
Persistent link: https://www.econbiz.de/10009781611
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Several recent studies suggest that equalizing transfers in a federal system may distort the tax policy decisions of states. We study this issue for the German federal fiscal system. In a simple theoretical model, we first identify a substitution and an income effect of equalizing transfers. Our...
Persistent link: https://www.econbiz.de/10001522965
Persistent link: https://www.econbiz.de/10001719225
Several recent studies suggest that equalizing transfers in a federal system may distort the tax policy decisions of states. We study this issue for the German federal fiscal system. In a simple theoretical model, we first identify a substitution and an income effect of equalizing transfers. Our...
Persistent link: https://www.econbiz.de/10013321121
Persistent link: https://www.econbiz.de/10011930157
Persistent link: https://www.econbiz.de/10011660901
This paper presents an analysis of the effect of bureaucratic corruption on economic growth through a public finance …. Corruption takes the form of the embezzlement of public funds, the effect of which is to increase the government's reliance on … strategies. Our results are robust to a wide range of sensitivity tests. -- Corruption ; seigniorage ; inflation ; growth. …
Persistent link: https://www.econbiz.de/10003748210
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