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Equalization transfers and the pattern of municipal spending : an investigation of the flypaper effect in Germany
Langer, Sebastian; Korzhenevych, Artem - 2018
We investigate how lump-sum equalization transfers affect expenditures and taxes in the municipalities of the largest … German state North Rhine-Westphalia. In general, those general-purpose transfers cannot be treated as exogenous variables … instrumental variables. Findings suggest the existence of the "flypaper effect" - municipalities use transfers to increase …
Persistent link: https://www.econbiz.de/10011833912
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Municipal financing opportunities in Canada : how do cities use their fiscal space?
Meloche, Jean-Philippe; Vaillancourt, François - 2021
Persistent link: https://www.econbiz.de/10012497067
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Finanse samorządu terytorialnego
Patrzałek, Leszek (ed.); Kociemska, Hanna (ed.) - 2015
Persistent link: https://www.econbiz.de/10011448965
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Wybrane problemy finansów samorządu terytorialnego
Patrzałek, Leszek (contributor) - 2008
Persistent link: https://www.econbiz.de/10009240339
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Political fragmentation and fiscal policy : evidence from German municipalities
Bernard, René - 2017
The government fragmentation hypothesis (GFH) states that coalition governments spend more than single-party governments due to an underlying common pool problem. Using a large panel data set on 604 local governments in the German state of Baden-Württemberg for the 1994-2014 period, I test the...
Persistent link: https://www.econbiz.de/10011730078
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Finansowanie jednostek samorza̜du terytorialnego
Wawak, Tadeusz (contributor) - 2001
Persistent link: https://www.econbiz.de/10009385182
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Zewne̜trzne źródła finansowania samorza̜du terytorialnego : teoria a praktyka
Guziejewska, Beata - 2008
Persistent link: https://www.econbiz.de/10003760426
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Municipal finance and governance in Poland, the Slovak Republic, the Czech Republic, and Hungary
Nam, Chang Woon; Parsche, Rüdiger; Reichl, Bettina - 2001
transfers between the central and local governments in an efficient way. For instance, some criticise that a large number of …
Persistent link: https://www.econbiz.de/10001580328
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Municipal finance and governance in Poland, the Slovak Republic, the Czech Republic, and Hungary
Nam, Chang-woon; Parsche, Rüdiger; Reichl, Bettina - 2001
transfers between the central and local governments in an efficient way. For instance, some criticise that a large number of …
Persistent link: https://www.econbiz.de/10011850228
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Calling All Issuers : The Market for Debt Monitoring
Chen, Huaizhi; Cohen, Lauren; Liu, Weiling - National Bureau of Economic Research - 2022
A substantial fraction of local governments refinance their long-term debt with significant delays - resulting in sizable losses. Using data from 2001 to 2018, we estimate that U.S. municipals lost over $31 billion from this delayed refinancing, whereas the entire U.S. corporate sector, facing...
Persistent link: https://www.econbiz.de/10012938759