Fiscal decentralization is on the rise worldwide while barriers to factor and population mobility are declining … this combination of decentralization and mobility may have on political and economic outcomes. As these trends have become … models and data has taken on particular importance. Complex general equilibrium models of fiscal decentralization ultimately …

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 …