Lars P. Feld, Universität Freiburg und Walter-Eucken-Institut, Freiburg, und Jan Schnellenbach, Walter-Eucken-Institut, Freiburg, und Universität Heidelberg, formulieren einen Reformvorschlag, der den Finanzausgleich in seiner Gesamtheit deutlich anreizorientierter ausgestaltet.

We discuss the effect of formal political institutions (electoral systems, fiscal decentralization, presidential and parliamentary regimes) on the extent and direction of income (re-) distribution. Empirical evidence is presented for a large sample of 70 economies and a panel of 13 OECD...

We discuss the effect of formal political institutions (electoral systems, fiscal decentralization, presidential and parliamentary regimes) on the extent and direction of income (re-) distribution. Empirical evidence is presented for a large sample of 70 economies and a panel of 13 OECD...

The theoretical literature on the economics of fiscal federalism has identified several potential effects of government decentralization on economic growth. Much of the traditional literature focuses on the efficiency aspects of a decentralized provision of public services. However,...