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In this paper we use a simple bureaucracy model of fiscal illusion to analyze the impact of intergovernmental grants on the cost effciency of local jurisdictions. We find that a higher degree of redistribution within a system of fiscal equalization or an increase in the amount of grants received...
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Haushaltskonsolidierung beschränken sich auf deskriptive Argumente. Mit positiver Theorie und im Rahmen der Neuen Politischen Ökonomie …
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