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We study fiscal spending by supranational unions, where participation is voluntary and countries bargain over contributions to and the allocation of a central budget. We explore the link between the allocation and nations ́contributions that occurs since bargaining power is endogenous, and...
Persistent link: https://www.econbiz.de/10009765517
We study the efficiency of centralized fiscal spending by supranational unions, where participation is voluntary. In this setting, a country's outside option during budget negotiations is to withdraw its contribution to the centralized budget and consume its full income. This implies a crucial...
Persistent link: https://www.econbiz.de/10013089143
We study fiscal spending by supranational unions, where participation is voluntary and countries bargain over contributions to and the allocation of a central budget. We explore the link between the allocation and nations' contributions that occurs since bargaining power is endogenous, and...
Persistent link: https://www.econbiz.de/10013078957
Partisanship of state level politicians affect the impact of federal fiscal policy in the U.S. Using data from close gubernatorial elections, we find partisan differences in the marginal propensity to spend federal transfers since the early 1980's: Republican governors spend less. A New...
Persistent link: https://www.econbiz.de/10012482641
Persistent link: https://www.econbiz.de/10014229975
Bridging the fields of federalism and negotiation theory, Negotiating Federalism analyzes how public actors navigate … difficult federalism terrain by negotiating directly with counterparts across state-federal lines. In contrast to the stylized …, zero-sum model of federalism that dominates political discourse and judicial doctrine, it demonstrates that the boundary …
Persistent link: https://www.econbiz.de/10014196487
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