Showing 1 - 10 of 668
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
We study the political economy of policy innovations during the U.S. welfare reform in 1996. Specifically, we investigate how reputation concerns among governors influence the decision to experiment with welfare policies. In line with a political agency model, our empirical results suggest that...
Persistent link: https://www.econbiz.de/10011283135
Federal action addressing climate change is likely to emerge either through new legislation or via the U.S. EPA’s authority under the Clean Air Act. The prospect of federal action raises important questions regarding the interconnections between federal efforts and state-level climate policy...
Persistent link: https://www.econbiz.de/10008735732
This contribution studies the determinants of intermunicipal cooperation for small Hessian municipalities. Existing contributions have highlighted the role of cooperation demand factors, for example fiscal stress or demographic factors, on the one hand, and transaction cost issues on the other....
Persistent link: https://www.econbiz.de/10010245299
Performance budgeting schemes in the public sector have to operate with imperfect performance measures. We argue that these imperfections generate incentives for the potential recipients of performance-based funds to use up resources in socially wasteful influence activities. We develop a...
Persistent link: https://www.econbiz.de/10009723181
The United States federal government preempted anti-competitive state and municipal telegraph regulations when the 1866 Post Roads Act was enacted. The act granted a de facto national franchise to build and operate a telegraph system anywhere in the United States to any telegraph company...
Persistent link: https://www.econbiz.de/10012937765
This article presents a new approach to federalism that focus more on the outcome desired than on formal power relationships, considers more realistically the role played by states and localities, and incorporates the role of citizens more directly in the analysis. This approach underlines,...
Persistent link: https://www.econbiz.de/10014075360
As the 2008 financial crisis spread globally, it became widely apparent that an essential ingredient to preventing future systemic crises was reform of the regulation of financial markets. Two ambitious initiatives for regulatory reform are the European Union's European System of Financial...
Persistent link: https://www.econbiz.de/10014186176
Federalism and international trade regulation are popular topics in the legal literature, but the intersection of these two topics remains under-examined. This article explores this important intersection by engaging in a comparative analysis of U.S. and Canadian federalism, and by considering...
Persistent link: https://www.econbiz.de/10014170587
The United State Supreme Court's holding in Massachusetts v. EPA that greenhouse gases are air pollutants under the Clean Air Act makes it virtually certain that federal climate change legislation will be accomplished by amending that Act. This Article explains and justifies an approach to...
Persistent link: https://www.econbiz.de/10014223551