Showing 1 - 10 of 568
In recent decades, the issues of federalism and political integration have gained prominence in public debate as well … as in the academic realm. A frequently made point is that allowing free secession may protect the minority’s interests … unattractive for the minority region. In contrast, limiting the secession possibilities by requiring the consent of a majority of …
Persistent link: https://www.econbiz.de/10005788882
This paper looks at the economic impact of secession through the lens of the disintegration of the former Yugoslavia … there has been no favourable economic impact of secession and that how secession was achieved is key in understanding the … subsequent economic performance of the newly independent countries. In cases of secession without conflict, independence did not …
Persistent link: https://www.econbiz.de/10011083216
determining the likelihood of secession and unification. We provide empirical support for choosing genetic distances as a proxy of … the regions prone to secession and the countries that are more likely to merge. Our framework is further applied to …
Persistent link: https://www.econbiz.de/10005136479
This paper looks at theoretical and empirical issues associated with the operation of fiscal stabilizers within an economy. It argues that such stabilizers operate most effectively at a national, rather than local, level. As differing cycles across regions tend to offset each other for the...
Persistent link: https://www.econbiz.de/10005504538
We design an experiment to study the effects of social identity on preferences over redistribution. The experiment highlights the trade-off between social identity concerns and maximization of monetary payoffs. Subjects belonging to two distinct natural groups are randomly assigned gross incomes...
Persistent link: https://www.econbiz.de/10005114256
The paper studies a federal system where a region provides non-contractible essential inputs for the successful implementation of a local public policy project with spill-overs, and where bargaining between different levels of government may ensure efficient decision making ex post. We ask...
Persistent link: https://www.econbiz.de/10005662248
In a federal state, political leaders of constituent units might protect their enterprises from the federal center (e.g., allowing them not to pay federal taxes). The effectiveness of such protection depends crucially on the ability of local authorities to extract rents from enterprises. They...
Persistent link: https://www.econbiz.de/10005792438
number influenced by local business groups. Our findings have implications for the literatures on federalism and on …
Persistent link: https://www.econbiz.de/10005136715
decentralized allocation process. We show the potential existence of a poverty trap as a result of fiscal federalism. …
Persistent link: https://www.econbiz.de/10005497910
This paper studies fiscal federalism when regions differ in voters’ ability to monitor public officials. We develop a …
Persistent link: https://www.econbiz.de/10011084457