This paper explores the nuanced relationship between fiscal decentralization and fiscal sustainability. Employing panel … data analyses, it scrutinizes how decentralization influences fiscal discipline across different governmental levels …. Results for 185 countries show that while tax decentralization often hampers the degree of fiscal responsiveness, potentially …

We examine whether decentralization is sustainable in the Bitcoin system. The Bitcoin system is a decentralized system … decentralization of the Bitcoin system. We then provide empirical evidence that supports the model's prediction. Collectively, we show …