El objetivo de este trabajo es estimar los efectos redistributivo y estabilizador/asegurador del presupuesto de la Administración Pública Central española en el período 1991-1996 a nivel regional. Este análisis se lleva a cabo para el conjunto del presupuesto a través de los saldos...

The aim of this study is to estimate the redistributive, stabiliser and insurance effects at territorial level of the federal budget of Australia, Spain, the USA and of the European Union. This analysis is carried out for the budget as a whole through regional fiscal balances and, separately for...

This article analyzes the contribution of the Spanish fiscal decentralization process to economic growth at both the aggregate and regional levels. Our main conclusion is that at the aggregate level, the process of decentralization of responsibilities to autonomous communities (ACs) has not had...

This paper presents a regional analysis of the effects of educational policies implemented in Spain between 1992 and 2003, focusing specifically on school failure rates. We consider the impact of expenditure per pupil, class size, and pupil-teacher ratio on dropout rates at the end of compulsory...

It is generally accepted that fiscal decentralization increases citizen control over politicians, fostering accountability and increasing efficiency. We identify the socioeconomic characteristics of citizens that increase their control over local policy makers and thus generate greater...

In the context of a compound Poisson risk model, we define a threshold proportional reinsurance strategy: A retention level k1 is applied whenever the reserves are less than a determinate threshold b, and a retention level k2 is applied in the other case. We obtain the integro-differential...

In terms of global warming, early peak forecasts in oil and natural gas seem reasonably good news because most emissions arise from fossil fuel burning. However, this can be misleading if coal resources are as enormous as some estimations report because a switch between low carbon content fossil...

The paper analyses the link between human capital and regional economic growth in the European Union. Using different indicators of human capital calculated from census microdata, we conclude that the recent economic performance of European regions is associated to an increase in overeducation....

The Great Depression spurred State ownership in Western capitalist countries. Germany was no exception, the last governments of the Weimar Republic took over firms in diverse sectors. Later, the Nazi regime transferred public ownership and public services to the private sector. In doing so, they...