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This paper empirically investigates the effect of fiscal decentralization on public safety, which is widely taken as an … of the decentralization effect. In a decentralized setting, the fiscal competition between jurisdictions motivates local … 2009, we find the fiscal decentralization generally lowers the crime rate, but the effect is smaller for mobile crime than …
Persistent link: https://www.econbiz.de/10013084804
The slow recovery following the 2008/2009 recession has led to renewed interest in the question whether deep recessions lower real GDP permanently or whether we can expect a rebound to earlier trend levels. Using a recent quantile autoregression unit root test we check whether shocks to real GDP...
Persistent link: https://www.econbiz.de/10009673738
The slow recovery following the 2008/2009 recession has led to renewed interest in the question whether deep recessions lower real GDP permanently or whether we can expect a rebound to earlier trend levels. Using a recent quantile autoregression unit root test we check whether shocks to real GDP...
Persistent link: https://www.econbiz.de/10009682078
Persistent link: https://www.econbiz.de/10000608617
Persistent link: https://www.econbiz.de/10000013413
Differences in the degree of fiscal decentralization observed between the U.S. and many countries in Europe cannot be … explained within the standard theory of fiscal decentralization. By introducing preferences for solidarity equality in the … provision of public goods and services across regions we show that different decentralization schemes can coexist as efficient …
Persistent link: https://www.econbiz.de/10003412112
Persistent link: https://www.econbiz.de/10003677827
Persistent link: https://www.econbiz.de/10003383489
Persistent link: https://www.econbiz.de/10009545573