The impact of the fragmentation of executive and legislative bodies on the level and composition of government expenditure is a political feature that attracted considerable attention from economists. However, previous authors have abstracted from two important concepts: ideology and intra-party...

Using a laboratory experiment with nested local and global public goods, we analyze the stability of global groups when individuals have the option to separate, according to the degree of decentralization of decision-making. We show that increasing the number of decisions made at the local level...

Academic literature in public finance has focused on horizontal externalities coming from interjurisdictional tax competition—namely among similar types of local governments—but has neglected vertical externalities arising from interactions between two overlapping governments sharing the...

[spa] Atractividad de Francia: análisis, percepción y medición . . La atractividad de un país remite a un amplio abanico de determinantes: tamaño de los mercados, coste del capital y del trabajo (en los que la fiscalidad juega un rol relevante), presencia o no de unas empresas competidoras...

The purpose of this article is to deal with the theoretical funding, the consequences and the empirical relevance of strategic tax interactions among governments. Theoretically, tax competition and yardstick competition models may explain the existence of horizontal interactions namely among...

The purpose of this paper deals with recent reforms related to decentralization in Spain over the recent period. Focusing on regional government (the so called Comunidades Autónomas, CCAAs), we show that these reforms aim at reducing the existing fiscal vertical imbalance between regional...