paper compares three regimes (centralization, decentralization and federalism) in an economy where individuals choose their … move from decentralization to federalism, called moral federalism, is welfare improving behind the veil of ignorance if and … only if centralization dominates decentralization, and (ii) for the group that favors a restrictive policy moral federalism …

decentralization. We argue that federalism is a constitutional institution whereas decentralization is (the outcome of) a policy choice … result, implying that a more fine-grained differentiation beyond the distinction between federalism and decentralization … might be in order. The correlations of the most important proxies for various aspects of federalism and decentralization …

decentralization offers key advantages for innovators. Decentralized governments are widely seen as agile, competitive, and well …

governments and, thereby, enable a more precise characterization of local government behaviour in fiscal federalism. …

economics and public finance may have to say on the limits to institutional decentralization, i.e. on the choice between federal …

The German version of federalism, often called 'cooperative federalism', has been identified by many as one of the root … and evaluates them from the point of view of fiscal federalism. It concludes that the changes are only a first step in the …