In this paper we investigate the effects of fiscal decentralization on income inequality using a sample of 23 OECD countries over the period 1971-2000. We utilize novel and robust measures of fiscal decentralization based on different degrees of expenditure and tax autonomy of sub-central...

The aim of this paper is to analyze the influence of regional economic disparities on the fiscal decentralisation processes in 21 OECD countries over the period 1981-2005. We use novel and robust measures of fiscal decentralisation based on differences in the degree of both expenditure and tax...

We investigate the sources of macroeconomic (output and inflation) variability in selected European countries within and outside the European Monetary Union: Germany, Italy, Austria, the UK and Poland. Using quarterly data from 1985:1 to 2005:4, we estimate a Global Vector Autoregressive (GVAR)...