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Do Indian states mimic, compete or interact in local public spending? : a spatial econometric analysis

Sofi, Arfat Ahmad; Sasidharan, Subash - In: Asian economic journal : journal of the East Asian … 32 (2018) 2, pp. 187-213

Persistent link: https://www.econbiz.de/10011970083

Homogeneity Pursuit in Panel Data Models : Theory and Applications

Wang, Wuyi; Phillips, Peter C. B.; Su, Liangjun - 2016

This paper studies estimation of a panel data model with latent structures where individuals can be classified into … unknown group structure of vector parameters, we design an algorithm called Panel-CARDS which is a systematic extension of the … comparing vector coefficients in a panel model for homogeneity and introduces a new concept of controlled classification of …

Persistent link: https://www.econbiz.de/10014123923

Debt bailouts and constitutions

Kohlscheen, Emanuel (contributor) - 2008

Persistent link: https://www.econbiz.de/10003753801

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

Debt bailouts and constitutions

Kohlscheen, Emanuel - In: Economic inquiry : journal of the Western Economic … 46 (2008) 3, pp. 480-492

Persistent link: https://www.econbiz.de/10003761007

Debt Bailouts and Constitutions

Kohlscheen, Emanuel - 2006

A demand based theory of sub-national debt bailouts is presented. It is shown that revenue sharing (RS) arrangements alter the demand for bailouts among politicians with regional constituencies as a bailout usually implies a shift of taxation to the federal tier. Automatic RS may lead to the...

Persistent link: https://www.econbiz.de/10012733011