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Fiscal competition and a potential growth effect of centralization
Kellermann, Kersten (contributor) - 2007
I discuss a dynamic version of the Zodrow-Miezskowski model, where world capital supply is not fixed. The time horizon of the welfare maximizing government is assumed to be infinite whereas the household sector is designed according to the two-period overlapping-generations model. Thus social...
Persistent link: https://www.econbiz.de/10003663790
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Fiscal delegation in a monetary union with decentralized public spending
Basso, Henrique S.; Costain, James - 2016
In a monetary union, the interaction between several governments and a single central bank is plagued by several sources of deficit bias, including common pool problems. Each government has strong preferences over local spending and taxation but suffers only part of the costs of union-wide...
Persistent link: https://www.econbiz.de/10011434438
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Public provision and local income tax competition
Kuhlmey, Florian; Hintermann, Beat - 2016
We extend the literature on local income tax competition by allowing for inter-jurisdictional spillovers and imperfect rivalry in consumption of a publicly provided good. Comparing decentralized second-best results of a theoretical model with an efficient benchmark, we identify three...
Persistent link: https://www.econbiz.de/10011436089
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Taxation, social protection, and governance decentralization
Epstein, Gil S.; Gang, Ira N. - 2016
. We show the potential existence of a poverty trap as a result of decentralization in taxation decisions. …
Persistent link: https://www.econbiz.de/10011539434
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Some economic consequences of India's institutions of governance : a conceptual framework
Singh, Nirvikar - 2003 - Revised December 2003
these laws, and (3) the degree of decentralization of jurisdictions with respect to local public goods. It is suggested that … decentralization, with adverse consequences for economic efficiency. The paper concludes with a brief normative discussion of …
Persistent link: https://www.econbiz.de/10011520832
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Moral federalism : presented at CESifo Area Conference on Public Sector Economics, May 2004
Janeba, Eckhard - 2004
paper compares three regimes (centralization, decentralization and federalism) in an economy where individuals choose their … move from decentralization to federalism, called moral federalism, is welfare improving behind the veil of ignorance if and … only if centralization dominates decentralization, and (ii) for the group that favors a restrictive policy moral federalism …
Persistent link: https://www.econbiz.de/10011450084
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The cost of decentralization : linguistic polarization and the provision of education
Cinnirella, Francesco; Schüler, Ruth M. - 2016
In this paper we argue that different preferences in a decentralized system lead to under provision of public goods. We analyze the provision of public primary education in nineteenth-century Prussia which was characterized by a linguistically polarized society and a decentralized education...
Persistent link: https://www.econbiz.de/10011474691
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Delegating decisionsto organizations
Sekeris, Petros; Xefteris, Dimitrios - Panepistēmio Kypru / Department of Economics - 2018
Persistent link: https://www.econbiz.de/10012041753
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Decentralization and mutual liability rules
Ketelaars, Martijn; Borm, Peter; Quant, Marieke - 2019
Persistent link: https://www.econbiz.de/10012131826
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Health devolution in the Philippines : lessons and insights
Cuenca, Janet S. - 2018
's decentralization policies and also, in informing future policymaking. In particular, it highlights the importance of (i) a well …
Persistent link: https://www.econbiz.de/10011993824