Narrow search
Showing 1 - 10 of 13,228
Cover Image
The Effects of Fiscal Decentralization on Publicly Provided Services and Labor Markets
Bianchi, Nicola; Giorcelli, Michela; Martino, Enrica Maria - 2021
This paper studies how fiscal decentralization affects local services. It explores a 1993 reform that increased the … identification leverages cross-municipal variation in the degree of decentralization that stems from bombings during WWII …. Decentralization reduced local spending but expanded municipal services, such as nursery schools. These effects are larger in areas …
Persistent link: https://www.econbiz.de/10013250403
Cover Image
Intergovernmental Grants as Signals and the Alignment Effect : Theory and Evidence
Bracco, Emanuele - 2015
This paper provides a simple political agency model to explain the effect of political alignment between different tiers of government on intergovernmental grants and election outcomes. Key features of the model are: (i) rational voters interpret public good provision as a signal of incumbent...
Persistent link: https://www.econbiz.de/10013026684
Cover Image
A decentralization theorem of taxation
Lipatov, Vilen; Weichenrieder, Alfons J. - 2015
"decentralization theorem of taxation" that is analogous to Oates (1972) famous result that in the absence of spill-over effects and …
Persistent link: https://www.econbiz.de/10010527061
Cover Image
Fiscal Federalism, Patient Mobility and the Soft Budget Constraint
Levaggi, Rosella - 2007
In some countries the reform of public health care provision has been accompanied by a parallel process of devolution that has also entailed the organisation of health care becoming a regional competence. However, the application of fiscal federalism in the context of the provision of health...
Persistent link: https://www.econbiz.de/10012729190
Cover Image
Decentralization and progressive taxation
Berset, Simon; Schelker, Mark - 2021
panel data and apply causal machine learning methods to identify the effects of decentralization on the statutory tax …
Persistent link: https://www.econbiz.de/10012421200
Cover Image
Decentralization with porous borders : public production in a federation with tax competition and spillovers
Armbruster, Stephanie; Hintermann, Beat - 2019
We analyze the strategic interaction of regional and federal governments using a model that includes fiscal externalities in the form of inter-regional capital tax competition and technical externalities in the form of inter-regional spillovers. The federal government aims to correct for these...
Persistent link: https://www.econbiz.de/10011994863
Cover Image
Apportionment, Fiscal Equalization and Decentralized Tax Enforcement
Traxler, Christian; Reutter, Andreas - 2008
We study tax evasion and decentralized tax enforcement in a federal economy with mobile capital and the endogenous formation of multiregional companies. Regions use their enforcement policy as a strategic instrument to engage in fiscal competition. Within this framework, we analyze the...
Persistent link: https://www.econbiz.de/10014216579
Cover Image
Intergovernmental grants and financial autonomy under asymmetric information
Herold, Katharina - 2009
This paper analyses and compares the efficiency of alternative incentive compatible grant schemes under asymmetric information relieving subnational governments of excessive debt burden. They allow intervention into local debt, local tax or complete local fiscal policy. In the fist case,...
Persistent link: https://www.econbiz.de/10003923749
Cover Image
Political economy of fiscal unions
Fidrmuc, Jan - 2013
I formulate a political-economy model of a fiscal union where the threat of secession imposes a limit on fiscal redistribution between regions. I argue that the trade-off between implementing the region's preferred fiscal policy and benefiting from inter-regional risk sharing depends on the...
Persistent link: https://www.econbiz.de/10009772825
Cover Image
James Buchanan’s theory of federalism : from fiscal equity to the ideal political order
Feld, Lars P. - 2014
The distinct characteristic in James Buchanan’s thinking about federalism in contrast to the traditional theory of fiscal federalism is his view about fiscal competition. In this paper, it is demonstrated that this thinking went through three stages. From the 1950s to the beginning of the...
Persistent link: https://www.econbiz.de/10010384955