This paper examines whether revenue decentralization and direct external financial supervision affect the incidence and … dependence on central government transfers - as reflected in a low share of locally raised revenues in the municipalityś budget …

This paper examines whether revenue decentralization and direct external financial supervision affect the incidence and … dependence on central government transfers — as reflected in a low share of locally raised revenues in the municipality’s budget …

Fiscal decentralization is on the rise worldwide while barriers to factor and population mobility are declining … this combination of decentralization and mobility may have on political and economic outcomes. As these trends have become … models and data has taken on particular importance. Complex general equilibrium models of fiscal decentralization ultimately …