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present time has to be federally flexible and dynamically decentralised and institutions of fiscal federalism are crucial for … federalism if it is to be successful, irrespective of the fact of whether it is being carried out in a federal or non …
Persistent link: https://www.econbiz.de/10014054503
This paper analyzes the impact of fiscal federalism on income inequality and redistribution. Theoretically … setting in Switzerland to study the issue empirically. According to our findings tax decentralization tends to reduce … consider the interdependence of decentralization and fragmentation as inequality decreasing effects of decentralization are …
Persistent link: https://www.econbiz.de/10011942832
the literature on the role of intergovernmental grants in systems of fiscal federalism. Second, we provide an updated look … directions for future research on the economics of fiscal federalism and the role of intergovernmental grants as policy …
Persistent link: https://www.econbiz.de/10014287352
This Article constructs frameworks for analyzing federalism's undertheorized horizontal dimension. Discussions of … federalism generally focus on the hierarchical (or vertical) allocation of power between the national and state governments while … on state citizenship. This Article moves beyond the piecemeal approach by identifying facets of horizontal federalism …
Persistent link: https://www.econbiz.de/10014214954
In a federation featuring decentralized leadership, regional governments compete by setting capital taxes in anticipation of the central government's fiscal-equalization and income-redistribution policies. As a benchmark, it is first demonstrated that the constrained socially optimal allocation...
Persistent link: https://www.econbiz.de/10013072725
and economic costs, the latter depending on the decentralization of government. Two effects of federalism are derived … decentralization, induces a conflict of interests and thus may harden budget constraints and reduce inflation (the "checks and balance …
Persistent link: https://www.econbiz.de/10014201453
This paper empirically investigates the underlying determinants of expenditure decentralization, based on the … predictions of a new political economy model of partial decentralization. The analysis is based on an agency model, in which two … decentralization is endogenous and depends on the relative political conditions prevailing at each level of government. Consistent with …
Persistent link: https://www.econbiz.de/10010354073
This is the introductory essay for the Economics of Federalism, a book edited by the authors and forthcoming in Edward … competitive federalism, stems from Tiebout's 1956 article. It focuses on the horizontal structure of federalism and examines … fiscal federalism, examines the vertical structure of federalism, or the division of public services and taxing power between …
Persistent link: https://www.econbiz.de/10012734740
Fiscal federalism in Mexico has been changing over the last thirty years. Subnational governments demand the return of … of the decentralization of taxation powers in the Mexican federal entities in the period 2005 to 2010? The thesis that … will be sustained throughout the trial is that progress has been made in terms of decentralization of spending in the …
Persistent link: https://www.econbiz.de/10012923703
on the ideal institutional setting of federalism in Switzerland. According to our findings, decentralization actually …This paper analyzes the impact of fiscal federalism on income inequality and redistribution. Economic theory delivers … the interdependence of decentralization and fragmentation, since the inequality decreasing effect of fiscal …
Persistent link: https://www.econbiz.de/10012125277