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Festschrift literally means “celebration-writing” in German. And that is what this volume is. It celebrates the remarkable career of David Slater, which in the best Queen’s University tradition of John Deutsch and Clifford Clark spanned academia and public service, on the occasion of his...
Persistent link: https://www.econbiz.de/10005518918
Festschrift literally means “celebration-writing” in German. And that is what this volume is. It celebrates the remarkable career of David Slater, which in the best Queen’s University tradition of John Deutsch and Clifford Clark spanned academia and public service, on the occasion of his...
Persistent link: https://www.econbiz.de/10005518926
Canada’s current system of fiscal federalism, which results in very large transfers of resources from have provinces to have-not provinces, promotes consumption over investment and hence does not maximize our productivity potential. The author recommends reform of Employment Insurance towards...
Persistent link: https://www.econbiz.de/10005518954
By means of a dynamic panel data analysis, and using a database from municipalities of the province of Barcelona (1993-99), we describe their process of fiscal adjustment to a shock in tax capacity. About 25% of the shock is internalized through an increase in tax effort, 35% through a reduction...
Persistent link: https://www.econbiz.de/10005272688
The aim of this paper is to assess preferences with respect to fiscal federalism in EU member-states. In particular, we address the question of whether each EU country would - if the decision were taken by 'majority voting' - or should – if the decision were takenby a social planner – favour...
Persistent link: https://www.econbiz.de/10005272998
Conventional wisdom has it that policy innovation is better promoted in a federal rather than in a unitary system. Recent research, however, has provided theoretical evidence to the contrary: a multi-jurisdictional system is characterized---due to the existence of a horizontal information...
Persistent link: https://www.econbiz.de/10005556212
We consider an economy composed of two regions. Each of them provides a public good whose benefits reach beyond local boundaries. In case of decentralization, taxes collected by members of a region are spent only on that region's public good. In case of centralization, tax receipts from the two...
Persistent link: https://www.econbiz.de/10005556957
This paper analyses how fiscal adjustment comes about when both central and sub-national governments are involved in consolidation. We test sustainability of public debt with a fiscal rule for both the federal and regional government. Results for the German Länder show that lower tier...
Persistent link: https://www.econbiz.de/10005558075
The need to increase the level of resources channelled to fundamental research and higher education is broadly acknowledged. These two activities have all of the characteristics of collective or public goods: they thus need to be primarily funded with public money. Traditional economic theory...
Persistent link: https://www.econbiz.de/10005560016
A new institutional reform is one of the major stakes for the Belgian citizens and enterprises ahead of the regional election of June 2009. Since the general federal election of June 2007 Belgium has been facing new tensions between the two main Communities. On one side, the Flemish Community...
Persistent link: https://www.econbiz.de/10005560017