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Cooperative fiscal federalism needs a multi-level consent to decide on the allocation of intergovernmental transfers … transfers to municipal governments under this type of federalism. Using a regression discontinuity design in close electoral … supporting the swing voter hypothesis, our results suggest that federalism inherently entails restrictions for misusing …
Persistent link: https://www.econbiz.de/10012291881
Cooperative fiscal federalism needs a multi-level consent to decide on the allocation of intergovernmental transfers … transfers to municipal governments under this type of federalism. Using a regression discontinuity design in close electoral … supporting the swing voter hypothesis, our results suggest that federalism inherently entails restrictions for misusing …
Persistent link: https://www.econbiz.de/10013399870
In federal countries, such as the U.S., the fiscal authority consists not of one, but many governments, with state governments accounting for a sizable share of expenditures. We analyze how state partisanship of politicians affects state fiscal policy and quantify the possible macroeconomic...
Persistent link: https://www.econbiz.de/10012419407
Research on the distribution of federal expenditures has provided mixed evidence showing that states with more legislators who belong to the president's party and states with more legislators in the chamber majority tend to receive a larger allocation of federal funds. We add to this research by...
Persistent link: https://www.econbiz.de/10012973308
The main features of China’s current sub-national finance arrangements date back to the 1994 tax reform. China has a multi-level government structure that shares national tax revenues through a system of tax sharing and transfers, and divides spending assignments and responsibilities. Local...
Persistent link: https://www.econbiz.de/10009711209
There is considerable regional variation in incomes and poverty in the Czech Republic and gaps have grown over time. With the highest number of municipalities per head in the OECD, subnational government is very fragmented and the resulting lack of capacity at the local level reduces the quality...
Persistent link: https://www.econbiz.de/10012421297
Germany’s fiscal equalization scheme triggered by Census revisions of official population counts. Municipal budgets do not …-run phenomenon, while long-run fiscal behavior appears more consistent with standard theories of fiscal federalism. …
Persistent link: https://www.econbiz.de/10012514567
Germany's fiscal equalization scheme triggered by Census revisions of official population counts. Municipal budgets do not …-run phenomenon, while long-run fiscal behavior appears more consistent with standard theories of fiscal federalism. …
Persistent link: https://www.econbiz.de/10012518088
Recently Germany experienced yet another federal reform shortly after a previous modification to the German federal … case of the most recent federal reform in Germany the issue of debt limits had been effectively agreed upon as a package …
Persistent link: https://www.econbiz.de/10013138572
American “we-do-federalism-right” triumphalism. In the United States, as in Europe, subordinate governments are beset by … governments. That commitment was once the glory of American federalism. Over the past decade, however, the no-bailout commitment … has effectively collapsed. Its demise entails fundamental changes in American federalism, none of them encouraging. After …
Persistent link: https://www.econbiz.de/10014164095