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The Effect of Federal Intergovernmental Grants on State Taxes : New Evidence of Budget Persistence
Chamberlain, Andrew - 2014
I examine whether federal intergovernmental grants have a persistent long-term effect on state fiscal policy. A simple theoretical framework is developed based on the median voter model and is structurally estimated based on a 30-year panel of U.S. federal grants and state tax revenues. In both...
Persistent link: https://www.econbiz.de/10013046615
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How can a country 'graduate' from procyclical fiscal policy? : evidence from China
Fuest, Clemens; Xing, Jing - 2015
In this study, we analyze the cyclicality of fiscal policies in China during the period 1978-2013. We find that the cyclicality of local government spending in China significantly affects the cyclicality of total government spending. By employing both time-series and province-level panel data,...
Persistent link: https://www.econbiz.de/10011342322
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Are local tax rates strategic complements or substitutes?
Parchet, Raphaël - 2012
The identification of strategic interactions among local governments is typically plagued by endogeneity problems. This paper proposes a quasi-experimental strategy to identify independent personal income tax setting by Swiss municipalities making use of the multi-tier federal system. State...
Persistent link: https://www.econbiz.de/10011517772
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Empirical evidence on tax information sharing among sub-central administrations
Durán, José María; Esteller-Moré, Alejandro; … - 2012 - This version: December 2012
The literature on horizontal tax interdependencies offered limited attention to the interactions on administrative policies although they play an important role in determining the total tax revenues collected. The incentive for sub-central tax authorities to share relevant taxpayer-specific...
Persistent link: https://www.econbiz.de/10011565984
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Who do you blame in local finance? : an analysis of municipal financing in Italy
Bordignon, Massimo; Piazza, Santino - 2010
A 1999 reform allowed Italian Mayors to partially substitute a more accountable source of tax revenue (the property tax) with a less transparent one (a surcharge on the personal income tax). Theoretical analysis suggests this should give incompetent Mayors a less costly way to hide themselves,...
Persistent link: https://www.econbiz.de/10003979382
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How can a country ‘graduate’ from procyclical fiscal policy? : evidence from China
Fuest, Clemens; Xing, Jing - 2015
In this study, we analyze the cyclicality of fiscal policies in China during the period 1978-2013. We find that the cyclicality of local government spending in China significantly affects the cyclicality of total government spending. By employing both time-series and province-level panel data,...
Persistent link: https://www.econbiz.de/10011338112
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Heterogeneous Vertical Tax Externalities and Macroeconomic Effects of Federal Tax Changes : The Role of Fiscal Advantage
Perez‐Sebastian, Fidel - 2020
externalities and horizontal tax competition. The model shows that, irrespective of federal redistribution, the contractionary …
Persistent link: https://www.econbiz.de/10012856111
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A comparative approach to fiscal illusions : a synthesis of the conclusions from a Polish study in relation to new ideas and empirical research in selected countries
Guziejewska, Beata - In: Comparative economic research : Central and Eastern Europe 24 (2021) 2, pp. 7-21
This article examines fiscal illusions inpublic finance systems where decentralisation involving the introduction of an independent and autonomous component oflocal government funding brings new problems. It presents a synthesis ofthe findings from a Polish empirical study that set out to...
Persistent link: https://www.econbiz.de/10012664950
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Fiscal Equalization and the Tax Structure
Holm-Hadulla, Federic - 2021
this pattern and tests them in a natural experiment from Germany. The first hypothesis is that fiscal redistribution … the perspective of local governments; the second is that a desire for redistribution within jurisdictions induces a shift … taxation serves as a Pigouvian intervention to correct externalities. The empirical analysis supports redistribution between …
Persistent link: https://www.econbiz.de/10013315380
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Who do you blame in local finance? : an analysis of municipal financing in Italy
Bordignon, Massimo; Grembi, Veronica; Piazza, Santino - 2015
In a political agency model, we study the effect of introducing a less transparent tax tool for the financing of local governments. We show that lower quality politicians would use more the less transparent tax tool to enhance their probability of re-election. This prediction is tested by...
Persistent link: https://www.econbiz.de/10011775830