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monetary grants from the national budget. Employing a fuzzy regression discontinuity design, we find a positive impact of … council, and in regions where historical legacies shaped a more positive attitude towards entrepreneurship …
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The traditional theory for fiscal federalism assumes that the lower tier is more efficient in producing local public goods because of information asymmetry, while on the finance side Central Government might be more efficient in raising resources that will then be distributed through...
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level of local entrepreneurship. This paper attempts to answer the question of whether the size of the local government …, when it comes to the publications that link entrepreneurship and the size of local government administration. Secondly, the … problem of entrepreneurship determinants constitutes still topical and not fully investigated (or explained) aspects of local …
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We study the fiscal and tax response to intergovernmental grants, exploiting quasi-experimental variation within Germany’s fiscal equalization scheme triggered by Census revisions of official population counts. Municipal budgets do not adjust instantly. Instead, spending and investments adapt...
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