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The interregional mobility of high skilled workers might induce an underinvestment in local public higher education … when sub-federal entities independently decide on education expenditures to maximize local output. This well-known result … is due to interregional spillovers and provides a justification for coordinated education policy or rather a federal …
Persistent link: https://www.econbiz.de/10010780840
This paper studies comprehensive national panel data of local option sales taxes at the monthly frequency. I calculate state-by-month population weighted averages of local sales tax rates. I document ten stylized facts concerning the time series patterns and spatial dynamics of local sales...
Persistent link: https://www.econbiz.de/10010393644
Persistent link: https://www.econbiz.de/10012819465
This paper studies comprehensive national panel data of local option sales taxes at the monthly frequency. I calculate state-by-month population weighted averages of local sales tax rates. I document ten stylized facts concerning the time series patterns and spatial dynamics of local sales...
Persistent link: https://www.econbiz.de/10010398619
education, health care and social protection to every citizen. Jointly these three public functions account for almost two …
Persistent link: https://www.econbiz.de/10011491211
This paper aims to provide an overview of the basics of Japan's local public administration and finance system and to analyze how Japan's municipalities restore their fiscal balance after a fiscal shock. In Japan, local governments play a major role in redistribution. Combined with regional...
Persistent link: https://www.econbiz.de/10011557018
Persistent link: https://www.econbiz.de/10011291086
Persistent link: https://www.econbiz.de/10012014220
This paper studies comprehensive national panel data of local option sales taxes at the monthly frequency. I calculate state-by-month population weighted averages of local sales tax rates. I document ten stylized facts concerning the time series patterns and spatial dynamics of local sales...
Persistent link: https://www.econbiz.de/10010888456
Persistent link: https://www.econbiz.de/10013464081