Blöchliger, Hansjörg; Charbit, Claire - In: OECD Journal: Economic Studies 2008 (2008) 1, pp. 1-22
By Hansjörg Blöchliger and Claire Charbit Fiscal equalisation is a transfer of fiscal resources across jurisdictions to offset disparities in revenue raising capacity or public service cost. It covers on average 2.5% of GDP or 5% of total government expenditure across OECD countries....
