Exogeniety in Economics -- Regional Inequality by Components of Income -- Large Sample Distribution of Several Inequality Measures: With Application to Coté d’Ivoire -- Restricted Reduced Forms, Forecasting and the GSLEM -- A Monte Carlo Study of Structural Estimator Distributions After...

We study the e¢ cient allocation of spending and taxation authority in a federation in which federal politicians are exposed to electoral uncertainty. We show that centralization may, but need not, result in a loss of electoral accountability. We identify an important asymmetry between positive...