decentralization have a positive and significant effect on the overall subjective well-being of individuals. However, fiscal … decentralization has a different effect on the perception of institutions depending on whether we consider subnational expenditure or … revenues. Similarly, the effect of political decentralization on the level of satisfaction with institutions also varies …

sub-national governments. The aim of this paper is to analyze the effect of revenue decentralization on the provision of … infrastructure at the sub-national level. We estimate the effects of revenue decentralization and earmarked grant financing on the …