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In a career-concern model of politics with endogenous candidacy and different types of politicians, following a decentralization reform, politicians with different skills are elected in municipalities characterized by different levels of autonomous resources. As an effect, consumer welfare...
Persistent link: https://www.econbiz.de/10010199692
In a career-concern model of politics with endogenous candidacy and different types of politicians, following a decentralization reform, politicians with different skills are elected in municipalities characterized by different levels of autonomous resources. As an effect, consumer welfare...
Persistent link: https://www.econbiz.de/10011774118
Persistent link: https://www.econbiz.de/10012521108
We provide a theoretical and empirical assessment of why local fiscal autonomy can affect the skills of elected officials in sub-national governments. We first develop a model of politics with different types of politicians and show that -- following a tax decentralization reform increasing...
Persistent link: https://www.econbiz.de/10012853771
In a career-concern model of politics with endogenous candidacy and different types of politicians, following a decentralization reform, politicians with different skills are elected in municipalities characterized by different levels of autonomous resources. As an effect, consumer welfare...
Persistent link: https://www.econbiz.de/10013315696
Persistent link: https://www.econbiz.de/10003308533
Persistent link: https://www.econbiz.de/10011840720
The quality of the institutional environment is a crucial issue in understanding the effective outcome of fiscal decentralization initiatives. However, there has been so far very little work on the subject. In this paper we contribute to fill this gap by considering the municipalities belonging...
Persistent link: https://www.econbiz.de/10013105967
Persistent link: https://www.econbiz.de/10010257194
Persistent link: https://www.econbiz.de/10010206629