FEDERALISMO FISCAL E POLÍTICAS DE COOPERAÇÃO INTERGOVERNAMENTAL FISCAL FEDERALISM AND INTERGOVERNMENTAL COOPERATION POLICIES

Fiscal federalism and lobbying

Article history: Received 18 April 2005 Received in revised form 20 March 2008 Accepted 7 May 2008 Available online 24 May 2008 Which government functions should be decentralized (resp. centralized) once lobbying behavior is taken into account?We find that the answer largely depends on how the interests of the regional lobbies are positioned with respect to the function to be decentralized (res...

Fiscal Federalism, Russian Style

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Intergovernmental Fiscal Transfers: Some Lessons

Monetary Union and Fiscal Federalism

Does a monetary union need fiscal shock absorbers helping the participating countries to cope with asymmetric shocks? The consensus in the debate over EMU argues that the answer is yes. In this paper, we revisit the issue, building on a dynamic, general equilibrium framework of regions in a monetary union exposed to asymmetric shocks. We show that inter-regional taxes and transfers can stabiliz...

World Bank Institute Intergovernmental Fiscal