Equalization Transfers and Dynamic Fiscal Adjustment: Results for German Municipalities and a US-German Comparison [PDF]
A large panel of German municipalities is employed in order to investigate the dynamic fiscal policy adjustment of local jurisdictions using a VEC model which explicitly takes account of the intertemporal budget constraint.
Thiess Buettner
core
Can fiscal transfers achieve both equity and efficiency: Evidence from Chinese counties
International Review of Economics & FinanceWhether fiscal transfers can simultaneously achieve the dual goals of equity and growth has been a key topic of public finance research. This paper examines China's fiscal decentralization system and its intergovernmental transfer practices, proposing ...
Feng Liu, Yangmu Hu
doaj +1 more source
Regional risksharing and redistribution in the German federation [PDF]
We provide empirical estimates of the risksharing and redistributive properties of fiscal equalization among the states of the German federation. Fiscal equalization serves as a mechanism to insure state budgets against asymmetric revenue shocks, but ...
Hepp, Ralf, von Hagen, Jürgen
core
Sustainable finance and horizontal fiscal equalization: the case of bolivian municipalities
Investigación & DesarrolloSustainable finance is consistently gaining relevance in financial markets across the world including Bolivia, a country where more than seventy percent of the population live in urban areas.
Bernardo Fernández-Tellería +1 more
doaj +1 more source
Council Tax Policies and Territorial Governance: Analysis and Outlook of a Difficult Relationship
TeMA: Journal of Land Use, Mobility and Environment, 2015 In recent years, the dependency of local public finance from various forms of taxation related to urban development and real estate has become increasingly evident in Italy.
Simone Rusci
doaj +1 more source
National Taxation, Fiscal Federalism and Global Taxation [PDF]
fiscal federalism, equalization, development ...
Boadway, Robin
core
Horizontal Versus Vertical Fiscal Equalization [PDF]
, 2017 We analyze a model in which the provision of regional public goods by regional governments leads to spillover effects and in whi ch the central government can establish a vertical equalization scheme while the regional governments can set up a horizontal equalization scheme. The two levels of government decide
Anetsberger, Georg, Arnold, Volker
openaire
Fiscal and Financial Situation of the Constituent Entities of the Russian Federation: Medium-term Trends in the Regional Context [PDF]
Финансовый журналThe article is devoted to the changes in the fiscal and financial situation of Russian regions in 2020–2022. During this period, the regions faced a new challenge in the form of a pandemic.
Mikhail V. Milchakov
doaj +1 more source
Intergovernmental Fiscal Transfers and Equalization [PDF]
, 2018 It is extremely rare for Swiss institutions to undergo a revolution. And yet for the last ten years, the financial transfer and equalization system between the federal and cantonal levels have been reformed so much that it can rightly be considered a revolution.
openaire +1 more source
A fiscal needs approach to equalization transfers in a decentralized federation [PDF]
The author reviews the conceptual basis for fiscal equalization transfers, analyzes the theoretical implications for optimal design of equalization transfers, and suggests quantitative approaches for assessing the fiscal needs of subnational governments ...
DEC, Shah, Anwar
core