, emerged in 1930s and 1940s Germany. In the years thereafter, it was quickly superseded by Keynesianism and other theories …

-agent framework, it analyzes two alternative policy-decision schemes - "decentralization" and "centralization" - when "knowledge … explaining variation in the degree of decentralization across countries. Within a two-sided incomplete information principal … government levels. It is shown that, depending on which level of policy decision-making controls the degree of decentralization …

. Such a EU-wide stabilization function would be in accordance with the subsidiarity principle, enshrined in the Treaty of …

́information is more relevant (centralization). The empirical analysis confirms that the importance of donors ́private information …

standard-setting with two means of interventionist harmonization: through centralization and through allocation of lawmaking … preferences are homogeneous across jurisdictions. -- harmonization ; centralization ; delegation ; cross …

market, as well as with lower unemployment. -- central exit exams ; earnings ; unemployment ; Germany …

wealth equivalents and anticipating the Greek participation, Germany will lose 30 billion (or 59 billion deutschmarks) and …

federalism in which centralization is less likely to occur where budget referendums are possible. The reason for this result is … that budget referendums reduce the extent to which pro-centralization regions can commit to a low level of spending … delegating the centralization choice to elected poli-cymakers. In addition, it reduces the ability of higher level policy …

Centralization of public procurement can lower prices for the government's direct purchase of goods and services. This …