Stefanie Gäbler prepared this study while she was working at the ifo Center for Public Finance and Political Economy. The study was completed in March 2020 and accepted as doctoral thesis by the Department of Economics at the University of Munich. It consists of six distinct empirical essays...

Die ostdeutschen Länder erhalten in erheblichem Umfang Transferleistungen des Bundes und der EU zur Unterstützung des Aufbaus der öffentlichen Infrastruktur sowie zur Finanzierung gewerblicher Investitionsfördermaßnahmen und sonstiger wirtschaftsnaher Fördermaßnahmen wie z. B. im Bereich...

This paper shows that the inefficiency of fiscal decentralization in the presence of spillovers, a main tenet of the decentralization literature, is overturned in a particular transportation context. In a monocentric city where road (bridge) capacity is financed by budget-balancing user fees,...

The advocacy for the diversification of local government finance in order to meet the developmental needs at the grass root in Nigeria has generated serious controversy among scholars. This paper argues that while the advantages of using bonds to finance urban infrastructure are increasingly...

This paper shows that the inefficiency of fiscal decentralization in the presence of spillovers, a main tenet of the decentralization literature, is overturned in a particular transportation context. In a monocentric city where road (bridge) capacity is financed by budget-balancing user fees,...

China's rapid credit expansion in 2009–10 brought local government financing platforms (LGFPs) into the spotlight. This paper discusses their function, reasons behind their recent expansion, and risks they are posing to the financial sector, local governments, and sovereign balance sheet. This...

This paper shows that the inefficiency of fiscal decentralization in the presence of spillovers, a main tenet of the decentralization literature, is overturned in a particular transportation context. In a monocentric city where road (bridge) capacity is financed by budget-balancing user fees,...

This paper shows that the inefficiency of fiscal decentralization in the presence of spillovers, a main tenet of the decentralization literature, is overturned in a particular transportation context. In a monocentric city where road (bridge) capacity is financed by budget-balancing user fees,...

This Chapter provides the context of climate change and infrastructure financing in Australia. It commences with an understanding of the country, its climate change and adaptation policies, followed by an understanding of infrastructure in the country and related climate impacts. Financing...

Die ostdeutschen Länder erhalten in erheblichem Umfang Transferleistungen des Bundes und der EU zur Unterstützung des Aufbaus der öffentlichen Infrastruktur sowie zur Finanzierung gewerblicher Investitionsfördermaßnahmen und sonstiger wirtschaftsnaher Fördermaßnahmen wie z. B. im Bereich...