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Income redistribution in an economic union : does asymmetric information legitimize centralization?
Kolmar, Martin - 2002
optimum. Decentralization of social policies is compatible with efficiency even when source-based taxes have to be used if … ; decentralization …
Persistent link: https://www.econbiz.de/10009491059
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Towards fully decentralized environmental regulation
Gudmundsson, Jens; Hougaard, Jens Leth; Ansink, Erik - 2024
We take a decentralized approach to regulating environmental pollution in settings where each agent's pollution possibly affects all others. There is no central agency to enforce pollution abatement or coordinate monetary transfers. Moreover, agents possess private information, which precludes...
Persistent link: https://www.econbiz.de/10014534747
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Integration, decentralization, taxation, and revenue sharing: Good governance, sustainable fiscal policy and poverty reduction as peace-keeping strategies ; Paper prepared for the...
Petersen, Hans-Georg - 2008
The paper tries to shed some light on the problems of centralization and decentralization within an economic union and … the federal member states. Integration and decentralization are not opposite policy strategies but both meaningful if the …
Persistent link: https://www.econbiz.de/10010270846
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Redistribution through income taxation and public utility pricing in the presence of energy efficiency considerations
Feger, Fabian; Radulescu, Doina - 2018
Many OECD countries such as the USA, the UK or Switzerland are concerned with the affordability of utility services and the distributional consequences inherent in the pricing strategy of basic goods and services, such as electricity. However, the effectiveness of the electricity tariff as a...
Persistent link: https://www.econbiz.de/10011892503
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Redistribution of return inequality
Schulz, Karl - 2021
Wealthier households obtain higher returns on their investments than poorer ones. How should the tax system account for this return inequality? I study capital taxation in an economy in which return rates endogenously correlate with wealth. The leading example is a financial market, where the...
Persistent link: https://www.econbiz.de/10012499593
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Information transmission and ownership consolidation in aid programs
Dreher, Axel; Marchesi, Silvia - 2013
This paper explores the role of information transmission in explaining donors ́choice between project aid and budget support. Budget support increases the involvement of recipient governments in the decision-making process and can thus be an example of a "delegation-scheme." Conversely, project...
Persistent link: https://www.econbiz.de/10010199746
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Information transmission within federal fiscal architectures : theory and evidence
Gehring, Kai; Kotsogiannēs, Chrēstos; Marchesi, Silvia - 2013
explaining variation in the degree of decentralization across countries. Within a two-sided incomplete information principal …-agent framework, it analyzes two alternative policy-decision schemes - "decentralization" and "centralization" - when "knowledge … government levels. It is shown that, depending on which level of policy decision-making controls the degree of decentralization …
Persistent link: https://www.econbiz.de/10010126407
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Information transmission and ownership consolidation in aid programs
Dreher, Axel; Langlotz, Sarah; Marchesi, Silvia - 2016
Persistent link: https://www.econbiz.de/10011544310
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Information transmission within federal fiscal architectures : theory and evidence
Dreher, Axel; Gehring, Kai; Kotsogiannēs, Chrēstos; … - 2016
Persistent link: https://www.econbiz.de/10011521909
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Information transmission and ownership consolidation in aid programs
Dreher, Axel; Marchesi, Silvia - 2013
Persistent link: https://www.econbiz.de/10010422470