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Scotland is engaged in a lively and on-going debate on greater fiscal autonomy and independence, which is politically controversial, especially in respect of tax-varying powers. The Scottish Parliament has the power to make a balanced-budget adjustment in public expenditure by varying the basic...
Persistent link: https://www.econbiz.de/10011340920
Fiscal rules have been the centre of economic debate in European Union Member States. They indicate the direction in which policymakers aim to evolve public finances. In recent years the public finances of European Union Member States have been affected by two major changes in economic and...
Persistent link: https://www.econbiz.de/10011920294
We analyze within a spatial endogenous growth setting the impact of public policy coordination on regional inequality. Governments in each of the two symmetric regions provide a local public input that becomes globally effective due to integration. Micro-foundation of governmental behavior is...
Persistent link: https://www.econbiz.de/10012099186
The paper analyzes local political cycle in Czech municipalities over the period between 1997 and 2013. We apply the system and the difference GMM estimators to detect electoral manipulation in current and capital expenditures in electoral and pre-electoral years. Primarily, we estimate the...
Persistent link: https://www.econbiz.de/10011400546
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Der Beitrag untersucht mit Hilfe eines partiellen Anpassungsmodells die Auswirkungen der demographischen Entwicklungen in Deutschland auf die Budgets der Kommunen, wobei der Anpassungsdynamik der öffentlichen Haushalte eine besondere Berücksichtigung zukommt. Dazu werden für verschiedene...
Persistent link: https://www.econbiz.de/10010270079
We investigate the geographical concentration of representatives and the distribution of fiscal transfers both theoretically and empirically. We develop a model which predicts that funds to an area are positively correlated with the number of representatives residing in that area. Our empirical...
Persistent link: https://www.econbiz.de/10010396794
We study the effectiveness of local borrowing regulations in maintaining fiscal sustainability and the effect of supervision over municipal budgeting on local debt using a panel on municipalities in Germany's most populous state of North Rhine-Westphalia from 2003 to 2011. The identification...
Persistent link: https://www.econbiz.de/10010396827
Os pesquisadores brasileiros têm realizado esforços para sistematizar e avaliar a produção acadêmica das ciências sociais aplicadas no país. Essas pesquisas expressam uma elevação do nível de reflexividade do próprio pensamento científico em termos metodológicos e de implicação...
Persistent link: https://www.econbiz.de/10011400599