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Fiscal delegation in a monetary union with decentralized public spending
Basso, Henrique S.; Costain, James - 2016
In a monetary union, the interaction between several governments and a single central bank is plagued by several sources of deficit bias, including common pool problems. Each government has strong preferences over local spending and taxation but suffers only part of the costs of union-wide...
Persistent link: https://www.econbiz.de/10011434438
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Public provision and local income tax competition
Kuhlmey, Florian; Hintermann, Beat - 2016
We extend the literature on local income tax competition by allowing for inter-jurisdictional spillovers and imperfect rivalry in consumption of a publicly provided good. Comparing decentralized second-best results of a theoretical model with an efficient benchmark, we identify three...
Persistent link: https://www.econbiz.de/10011436089
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Taxation, social protection, and governance decentralization
Epstein, Gil S.; Gang, Ira N. - 2016
. We show the potential existence of a poverty trap as a result of decentralization in taxation decisions. …
Persistent link: https://www.econbiz.de/10011539434
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Fiscal delegation in a Monetary Union with decentralized public spending
Basso, Henrique S.; Costain, James - In: CESifo economic studies : CESifo, a joint initiative of … 62 (2016) 2, pp. 256-288
In a monetary union, the interaction between several governments and a single central bank is plagued by several sources of deficit bias, including common pool problems. Each government has strong preferences over local spending and taxation but suffers only part of the costs of union-wide...
Persistent link: https://www.econbiz.de/10011576618
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The politics of fiscal federalism : building a stronger decentralization theorem
Ponce Rodríguez, Raúl A.; Hankla, Charles R.; … - 2020
Persistent link: https://www.econbiz.de/10012215757
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Fiscal delegation in a monetary union : instrument assignment and stabilization properties
Basso, Henrique S.; Costain, James - 2017
Persistent link: https://www.econbiz.de/10011784210
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Experimentation in federal systems
Callander, Steven; Harstad, Bård - 2015
We develop a model of policy experimentation in federal systems in which heterogeneous districts choose both whether to experiment and the policies to experiment with. The prospect of informational spillovers implies that in the fi rst best the districts converge in their policy choice....
Persistent link: https://www.econbiz.de/10011862030
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Decentralization and overborrowing in a fiscal federation
Guo, Si; Pei, Yun; Xie, Zoe - 2018
-transfers, which distorts the central-local distribution of resources. Applying the model to fiscal decentralization, we find when … decentralization widens local governments' fiscal gap, borrowings by both local and central governments rise. Quantitatively, fiscal … decentralization accounts for from 19 percent to 40 percent of changes in general government debt in Spain during 1988-2006. A …
Persistent link: https://www.econbiz.de/10011895599
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Citizen preferences and the architecture of government
Bourgeon, Jean-Marc; Breuillé, Marie-Laure - 2018
We consider a country whose government provides a bundle of goods and services through a multi-tier administrative organization. We compare the optimal architectures of public governance (i.e. the division of the state into several tiers, the distribution of services among them, their number of...
Persistent link: https://www.econbiz.de/10011903798
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Decentralization in public sector organizations : do organizational autonomy and result control lead to decentralization toward lower hierarchical levels?
Wynen, Jan; Verhoest, Koen; Rübecksen, Kristin - In: Public performance & management review 37 (2013/14) 3, pp. 496-520
Persistent link: https://www.econbiz.de/10010359352