Results 11 to 20 of about 24,476 (263)
Comparative Fiscal Federalism and the Post‐Covid EU: Between Debt Rules and Borrowing Power
This thematic issue examines two main research questions: What are the features, the determinants, and the implications of fiscal integration in a system of multilevel governance like the EU?
Tomasz P. Woźniakowski +2 more
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Comparative Assessment of Regional Fiscal Capacity Calculation Approaches [PDF]
Three basic methods are employed to assess the fiscal capacity of territories for fiscal equalization: the representative tax system method, the historical data method, and the macroeconomic indicator method.
Igor Yu. Arlashkin
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The Political Determinants of Fiscal Governance in the EU: Towards a New Equilibrium
The article investigates the political determinants of fiscal governance in the EU. Since the outset of the Economic and Monetary Union, the EU adopted a model of fiscal regulation which attempted to keep government debt and deficit in check to avoid ...
Marco Buti, Sergio Fabbrini
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The literature continues to debate the effects of democracy and fiscal capacity on economic growth, both partially and jointly. To remedy the literature puzzle, this study examines the economic growth effects of democracy and fiscal capacity in 34 ...
Hidsal Jamil +2 more
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On Deficits and Symmetries in a Fiscal Capacity [PDF]
There is a growing debate about complementing the European Monetary Union by a more comprehensive fiscal union. Against this background, this paper emphasizes that there is a trade-off in designing a system of fiscal transfers ("fiscal capacity") in a union between members of different size.
Hebous, Shafik, Weichenrieder, Alfons J.
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DIVERSE ASPECTS OF LOCAL FISCAL CAPACITY – CASE STUDY OF POLAND
The structure of the financial system of local government units (LGUs) determines the efficiency of its operation and development opportunities. Such a system should take into account both appropriately assigned sources of its own revenues as well as ...
Elżbieta Malinowska-Misiąg
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The Coexistence of Fiscal Sovereignties: The Post‐Pandemic European Union in Comparative Perspective
Thanks to the recovery fund Next Generation EU, the EU considerably increased the size of its fiscal capacity by increasing its borrowing power. Yet, the post-pandemic EU has left the key issue of how to distribute fiscal sovereignty across the EU and ...
Tiziano Zgaga
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Going Fiscal? A Stylised Model With Fiscal Capacity and a Eurobond in the Eurozone [PDF]
The paper shows that the introduction a Eurobond together with fiscal capacity at the centre would produce macro-stabilisation benefits both for the ﰀcoreﰁ and ﰀperipheryﰁ of the Eurozone and would also achieve a rebalancing of the policy mix away from monetary towards fiscal stimulus.
Codogno, L., van den Noord, P.
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Achievements and unfinished agenda of the fiscal equalization system in Croatia
Revenue sharing arrangements and the fiscal equalization system in Croatia have long been perceived as inadequate and ineffective. The reform of personal income tax sharing implemented in 2018 was accompanied by a new fiscal capacity equalization system.
Marko Primorac +2 more
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Revenue Capacity of the EU: Taxes, Tax Sharing, and Resource Pooling
This article analyses the revenue capacity at the “centre” of the EU. It first outlines major elements (“segments”) of EU “federal” fiscal capacity, both on the revenue and expenditure side, as well as on- and off-budget.
Nico Groenendijk
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