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the literature on the role of intergovernmental grants in systems of fiscal federalism. Second, we provide an updated look … directions for future research on the economics of fiscal federalism and the role of intergovernmental grants as policy …
Persistent link: https://www.econbiz.de/10014287352
change in policy allows estimation of the impact of altered federalism. By looking at how states reacted to their enhanced … with significantly lower student achievement growth. As a result, this readjustment of federalism to decision making by … lower levels appeared to lower national achievement. The snapshot of federalism impacts here is a lower bound on the effects …
Persistent link: https://www.econbiz.de/10014528390
Using data on U.S. state and federal taxes and transfers over a quarter century, we estimate a regression model that yields the marginal effect of any shift of market income share from one quintile to another on the entire post tax, post-transfer income distribution. We identify exogenous income...
Persistent link: https://www.econbiz.de/10014544770
We use an instrumental-variables estimator reliant on variation in congressional representation to analyze the effects of federal aid to state and local governments across all four major pieces of COVID-19 response legislation. Through September 2021, we estimate that the federal government...
Persistent link: https://www.econbiz.de/10013334387
We analyze the impact of fiscal decentralization on U.S. county population, employment, and real income growth. Our …. Our results suggest that local government decentralization matters differently for metropolitan and nonmetropolitan … counties. -- Fiscal decentralization ; metropolitan ; nonmetropolitan ; population ; employment ; income ; spatial econometrics …
Persistent link: https://www.econbiz.de/10003919883
We analyze the impact of fiscal decentralization on U.S. county population, employment, and real income growth. Our …. Our results suggest that local government decentralization matters differently for metropolitan and nonmetropolitan …
Persistent link: https://www.econbiz.de/10013153508
In this essay we compare and contrast the methods used by courts and other institutions in the United States and in the European Union to resolve the conflicts that inevitably arise between competition law and other laws, policies, and values. In the U.S., because its generally-worded antitrust...
Persistent link: https://www.econbiz.de/10012938131
In early 2004, the Presidential study group, - a bipartisan commission of statesmen, diplomats, legislators, scholars, and experts - was conveyed to examine the state of the Middle East and the effectiveness of U.S. policy in advancing U.S. interests in that region. According to the report it...
Persistent link: https://www.econbiz.de/10014054853
This note shows that the aggregate fiscal expenditure stimulus in the United States, properly adjusted for the declining fiscal expenditure of the fifty states, was close to zero in 2009. While the Federal government stimulus prevented a net decline in aggregate fiscal expenditure, it did not...
Persistent link: https://www.econbiz.de/10008647625
interactions arise. -- Global Climate Change ; Federalism ; Cap-And-Trade ; Carbon Tax ; Regulation …
Persistent link: https://www.econbiz.de/10008735732