This paper develops a model of Tiebout sorting with decentrally determined progressive income taxation and a built-in fiscal equalization scheme that redistributes money from richer to poorer regions. Both aspects are central to policy makers: the progressivity for equity reasons and the fiscal...

Urban competitiveness is commonly attributed to necessitating particular types of socio‐spatial frameworks such as clustering on the basis of models of Marshall-Arrow-Romer (MAR), Porter, or Jacobs, since proximity is known as a key perquisite for knowledge spillover, innovation, and hence...

In both academic research and policymaking, public sector debt and debt-to-GDP ratios are relied on for a multitude of important economic, political and socioeconomic decisions, especially as public sector balance sheets expand to an unprecedented size in the midst of the 2019–2020 COVID...