Showing 1 - 10 of 133
component analysis, seven aspects of both federalism and decentralization are used as variables for explaining differences in (1 … study adds to our knowledge on the transmission mechanisms of federalism and decentralization. …
Persistent link: https://www.econbiz.de/10010271861
empirically link the public sector efficiency scores, to tax revenue and spending decentralization. First, we compute government … estimate the effect of decentralization on public sector efficiency and how extreme natural disasters mediate this relationship …. The sample covers 36 OECD countries between 2006 and 2019. Our results show that tax revenue decentralization decreases …
Persistent link: https://www.econbiz.de/10014356487
setting in Switzerland to study the issue empirically. According to our findings tax decentralization tends to reduce … consider the interdependence of decentralization and fragmentation as inequality decreasing effects of decentralization are …
Persistent link: https://www.econbiz.de/10012892177
What are the effects of austerity on distributional policy? We exploit the autonomy of Italian municipalities in setting non-linear income taxes and the exogenous introduction of a fiscal rule to show that austerity increases tax progressivity. Consistent with this evidence, we find that in a...
Persistent link: https://www.econbiz.de/10013315143
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10010315207
Income equality and trust seem to go along with several other ingredients of social capital as determinants of economic growth across the globe. In a large sample of countries, equality in the distribution of income as measured by the World Bank and by The Standardized World Income Inequality...
Persistent link: https://www.econbiz.de/10012892099
When measuring income inequality over long periods of time, accounting for population and productivity growth is important. This paper presents three alternative measures of top income shares that more explicitly account for population and income growth than the standard measure. We apply these...
Persistent link: https://www.econbiz.de/10012892200
The classical Wage Fund (Capital or Credit) framework is integrated with the simplest text-book version of the Ricardian model of comparative advantage, generating a model that replicates important features of the neo-classical production theory involving capital and labour without neo-classical...
Persistent link: https://www.econbiz.de/10013314959
Performing a panel data analysis for OECD countries, during the period between 1990 and 2019, this article investigates the relationship between economic growth and income inequalities. The main objective is to understand how the GDP and GNI per capita affect income inequality and how they...
Persistent link: https://www.econbiz.de/10014264446
This paper examines the determinants of economic growth, income inequality, and their relationship in the context of education inequality. The econometrics indicate that a higher level of human capital and the relative dispersion of human capital have a disequalizing relationship with income...
Persistent link: https://www.econbiz.de/10013143699