This paper uses a simple model of fiscal competition between local jurisdictions to analyse the impact of intergovernmental grants on the composition of public spending. We find that a higher degree of redistribution within a system of ʺfiscal equalisationʺ coincides with a smaller overall...

Public budgeting in perspective -- Budgetary decision making -- Budget organization and structure -- Economics and politics -- Taxing and spending -- National budgeting -- Budgeting in the states -- Budgeting in local units of government -- Budget execution and financial management -- Patterns...