Fiscal federalism concerns the division of policy responsibilities among different levels of
government. Many current economic and policy developments, such as globalization …

The purpose of this paper is to assess the effects of intermunicipal fiscal cooperation on
municipal public spending, based on the French experience. A model of municipal spending …

The literature on decentralization has long asserted that decentralized governance
increases public sector allocative efficiency. We offer an indirect test of this hypothesis by …

This paper analyzes a simple model of taxation in a federal system within which
policymakers are revenue–maximizing Leviathans and fiscal externalities arise not only …

Public choice and especially the economic theory of politics was one of the starting points of
the 'New Institutional Economics'. In the beginning, there were two almost contradictory …

Abstract VERTICAL, HORIZONTAL, AND FDI Both in the developed and develo** world,
decentralization of fiscal policy is frequently argued to foster investment, because allowing …

Fiscal federalism concerns the division of policy responsibilities among different levels of
government. Many current economic and policy developments, such as globalization …

Finanzausgleich und Föderalismus sind eng miteinander verbunden. Die Finanzordnung
regelt das föderale Zusammenleben und damit den Wettbewerb unter den Gliedstaaten. Die …

India's Constitution provides for a federal framework encompassing the central, state, and
local governments. The system of fiscal transfers has been guided by India's Finance …

Recent work has shown that a system of equalization grants can neutralize the efficiency
loss caused by tax competition among lower-level governments. These models, however …