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on the ideal institutional setting of federalism in Switzerland. According to our findings, decentralization actually …This paper analyzes the impact of fiscal federalism on income inequality and redistribution. Economic theory delivers … the interdependence of decentralization and fragmentation, since the inequality decreasing effect of fiscal …
Persistent link: https://www.econbiz.de/10012125277
Cooperative fiscal federalism needs a multi-level consent to decide on the allocation of intergovernmental transfers … transfers to municipal governments under this type of federalism. Using a regression discontinuity design in close electoral … supporting the swing voter hypothesis, our results suggest that federalism inherently entails restrictions for misusing …
Persistent link: https://www.econbiz.de/10013399870
The distinct characteristic in James Buchanan’s thinking about federalism in contrast to the traditional theory of … fiscal federalism is his view about fiscal competition. In this paper, it is demonstrated that this thinking went through … federalism literature and concerned with equity and efficiency issues. In the Leviathan approach starting from the midseventies …
Persistent link: https://www.econbiz.de/10010384955
Marginal rates of contribution (MRC), i.e., the rates at which additional revenues are skimmed via larger contributions or lower transfer receipts, quantify the incentives of a fiscal equalization scheme. The present paper is the first to calculate the marginal rates of contribution for the...
Persistent link: https://www.econbiz.de/10012489599
The link between federalism and economic performance is still ambiguous. Aiming at clarification, we improve on a … widespread shortcoming by measuring federalism not just by one variable but by various institutions that constitute it. To this … end, Switzerland provides for a laboratory as its 26 cantons share a common framework, while the extent of federalism …
Persistent link: https://www.econbiz.de/10012426943
Most countries pay substantial intergovernmental transfers to poor regions with the aim of achieving regional convergence. Consequently, transfers should have a positive effect on economic growth. However, it is equally possible that transfers perpetuate under-development. This paper studies...
Persistent link: https://www.econbiz.de/10011595444
Theories of competitive federalism generally focus on exit as the principal mechanism for making governments responsive …
Persistent link: https://www.econbiz.de/10011326576
laufende, auch die Kreditaufnahmeentscheidungen lassen sich in dieses Konzept einschließen. Für den ergänzenden Finanzausgleich …
Persistent link: https://www.econbiz.de/10002503215
This paper analyses the importance of fiscal mechanisms for regional risk sharing and redistribution in Switzerland. Switzerland is a particularly interesting setting in this context because it features both a high level of fiscal autonomy for Swiss cantons and explicit fiscal transfers between...
Persistent link: https://www.econbiz.de/10011787451
evidence that budget constraints at the cantonal level affect average municipal finances and fiscal decentralization. …
Persistent link: https://www.econbiz.de/10011410014