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From the literature on decentralization, it appears that the fiscal vertical imbalance is somehow inherent to multi-level governments. Using a stylized model we show that this leads to a reduction in the extent of redistributive fiscal policies if the maximal tolerable size of government has...
Persistent link: https://www.econbiz.de/10010259921
part explained by the public goods nature of redistribution. Our results suggest that the declared preferences of workers … these results suggest that preferences for redistribution in the form of unemployment benefits are driven by insurance …
Persistent link: https://www.econbiz.de/10013040570
The topic of redistribution between rich and poor countries opens a can of worms. This paper first inquires into what … we mean by some of these words and second, considers the role of taxation in redistribution. It briefly considers the … various modes of redistribution to address poverty and inequality, including the role of taxation, within a country before …
Persistent link: https://www.econbiz.de/10012925020
This paper analyzes the impact of fiscal federalism on income inequality and redistribution. Theoretically … concentration in pre- and after-tax income without additional redistribution via progressive taxes. It is, however, crucial to …
Persistent link: https://www.econbiz.de/10011942832
The current system of federalism undermines the social and economic equality of the people of the United States. Although states have broad responsibilities to provide basic services, they have vastly different financial capacities. Some states are richer while others are poorer, and these...
Persistent link: https://www.econbiz.de/10013251709
This paper analyzes the impact of fiscal federalism on income inequality and redistribution. Economic theory delivers … decentralization is counteracted by the interaction with jurisdictional fragmentation. Interestingly, it is not redistribution via …
Persistent link: https://www.econbiz.de/10012125277
and then falls for higher income quintiles, consistent with median voter political economy theory and what Stigler called … redistribution and a modest effect of two year led inequality …
Persistent link: https://www.econbiz.de/10014544770
The fields of regulatory federalism and fiscal federalism have developed largely in isolation from each other. Building on the new scholarship of federalism in the legal academy, this Article seeks to integrate the insights of the two areas. The financial dimension offers a crucial perspective...
Persistent link: https://www.econbiz.de/10014107630
Finding a definitive answer to the question of whether fiscal redistribution is harmful or beneficial for regional … economic performance is not straightforward. This paper disentangles the key components of fiscal redistribution in a regional … battery of studies on the mixed evidence concerning the relationship between fiscal redistribution and per capita income. To …
Persistent link: https://www.econbiz.de/10013179696
The traditional normative literature on fiscal federalism argues that redistributive policies should be centralized in order to avoid welfare- or tax-induced migration. However, recent evidence shows that even in a setup where the progressivity of the income tax schedule is centralized to an...
Persistent link: https://www.econbiz.de/10012421200