منابع مشابه
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...
متن کاملMonetary 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...
متن کاملFiscal Federalism, Russian Style
Any opinions expressed here are those of the author and not those of the Economics Education and Research Consortium. Research dissemination by the EERC may include views on policy, but the EERC itself takes no institutional policy positions
متن کاملFiscal federalism and economic growth
This paper uses an endogenous-growth model with overlapping generations to explore the connection between fiscal federalism and economic growth. The analysis shows that federalism, which allows publicgood levels to be tailored to suit the differing demands of young and old consumers, who live in different jurisdictions, increases the incentive to save. This stronger incentive in turn leads to a...
متن کاملAn Essay on Fiscal Federalism
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ژورنال
عنوان ژورنال: Public Finance Review
سال: 2007
ISSN: 1091-1421,1552-7530
DOI: 10.1177/1091142106293948