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Brülhart, Marius; Bucovetsky, Sam; Schmidheiny, Kurt - C.E.P.R. Discussion Papers - 2014

Most cities enjoy some autonomy over how they tax their residents, and that autonomy is typically exercised by multiple municipal governments within a given city. In this chapter, we document patterns of city-level taxation across countries, and we review the literature on a number of salient...

Persistent link: https://www.econbiz.de/10011083800

Russian Fiscal Federalism: Impact of Political and Fiscal (De)centralization

Alexeev, Michael; Weber, Shlomo - C.E.P.R. Discussion Papers - 2013

changes in the region’s tax collections. While the results related to regional shares of tax revenues and expenditures are …

Persistent link: https://www.econbiz.de/10011084505

Interregional Redistribution and Mobility in Federations: A Positive Approach

Hansen, Nico; Kessler, Anke - C.E.P.R. Discussion Papers - 2004

inhabitants of each region. For this reason, the voting population may in a decision over the fiscal constitution deliberately …

Persistent link: https://www.econbiz.de/10005791306

Interregional Redistribution and Regional Disparities: How Equalization Does (Not) Work

Kessler, Anke; Lessmann, Christian - C.E.P.R. Discussion Papers - 2010

Do inter-governmental transfers such as equalization grants reduce interregional disparities? This paper studies both theoretically and empirically the impact of interregional redistribution on interregional inequality. We set up a model with residential choice and equalization grants between...

Persistent link: https://www.econbiz.de/10008784760

Taking the Bite Out of Fiscal Competition

Justman, Moshe; Thisse, Jacques-François; van … - C.E.P.R. Discussion Papers - 2001

Regions can benefit by offering infrastructure services that are differentiated by quality, thus segmenting the market for industrial location. Regions that compete on infrastructure quality have an incentive to increase the degree of differentiation between them. This places an upper bound on...

Persistent link: https://www.econbiz.de/10005504498

Government and Cities: Contests and the Decentralization of Decision Making

Epstein, Gil S; Gang, Ira - C.E.P.R. Discussion Papers - 2002

Governments do not have perfect information regarding the priorities and the needs of different groups in the economy. This lack of knowledge opens the door for different groups to lobby the government in order to receive the government’s support. We set up a model of hierarchical contests and...

Persistent link: https://www.econbiz.de/10005497910

Who Trusts Others?

Alesina, Alberto F; La Ferrara, Eliana - C.E.P.R. Discussion Papers - 2000

Both individual experiences and community characteristics influence how much people trust each other. Using individual level data drawn from US localities we find that the strongest factors associated with low trust are: i) a recent history of traumatic experiences; ii) belonging to a group that...

Persistent link: https://www.econbiz.de/10005498055

On the Equivalence of Location Choice Models: Conditional Logit, Nested Logit and Poisson

Brülhart, Marius; Schmidheiny, Kurt - C.E.P.R. Discussion Papers - 2009

starkly in terms of their implied predictions. The conditional logit model represents a zero-sum world, in which one region …'s gain is the other regions' loss. In contrast, the Poisson model implies a positive-sum economy, in which one region's gain … is no other region's loss. We also show that all intermediate cases can be represented as a nested logit model with a …

Persistent link: https://www.econbiz.de/10004973975

Regional Centrality and Tax Competition for FDI

Darby, Julia; Ferrett, Ben; Wooton, Ian - C.E.P.R. Discussion Papers - 2014

We examine a trade model where three countries compete for an exogenous number of firms. In our hub-and-spoke framework, one country is the hub through which all trade with and between spokes takes place. We establish the distribution of industrial activity in the absence of taxes and compare it...

Persistent link: https://www.econbiz.de/10011083935

Centralization and Accountability: Theory and Evidence from the Clean Air Act

Boffa, Federico; Piolatto, Amedeo; Ponzetto, Giacomo AM - C.E.P.R. Discussion Papers - 2013

This paper studies fiscal federalism when regions differ in voters’ ability to monitor public officials. We develop a model of political agency in which rent-seeking politicians provide public goods to win support from heterogeneously informed voters. In equilibrium, voter information...

Persistent link: https://www.econbiz.de/10011084457