An Essay on Fiscal Federalism
1999; American Economic Association; Volume: 37; Issue: 3 Linguagem: Inglês
10.1257/jel.37.3.1120
ISSN2328-8175
Autores Tópico(s)Gender, Labor, and Family Dynamics
ResumoThis paper is a selective survey of fiscal federalism. It begins with a brief review and some reflections on the traditional theory of fiscal federalism: the assignment of functions to levels of government, the welfare gains from fiscal decentralization, and the use of fiscal instruments. It then explores a series of important topics that are the subject of current research: laboratory federalism, interjurisdictional competition and environmental federalism, the political economy of fiscal federalism, market-preserving federalism, and fiscal decentralization in the developing and transitional economies.
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