In a theoretical model local jurisdictions provide a public input an d a public consumption good financed by a tax on capital income. When deciding about tax rate and budget structure the jurisdictions will generally respond to each others fiscal choices irrespective of whether the policy is...

Redistributive grants schemes, such as fiscal equalization, are a common characteristic of local public finance in several countries. However, large and small jurisdictions are treated differently by the respective fiscal equalization schemes that often tend to favour larger jurisdictions. This...

The dynamic fiscal policy adjustment of local jurisdictions is investigated empirically using a panel of more than 1000 U.S. municipalities over a quarter of a century. Distinguishing own revenues, grants, expenditures, and debt service, the analysis is carried out using a vector error...

Im Auftrag des Innenministeriums von Mecklenburg-Vorpommern befasst sich das vorliegende Gutachten mit den konkreten Reformen zur Neuordnung des kommunalen Finanzausgleichs und zur Kreisstruktur. Im Mittelpunkt des Gutachtens stehen die finanziellen Auswirkungen der neuen Kreisstruktur und der...

Das Land Mecklenburg-Vorpommern muss in Zukunft mit deutlich geringeren Zahlungen aus den im Rahmen des Solidarpakt IIʺ gewährten Bundesergänzungszuweisungen rechnen. Darüber hinaus wirft auch die demografische Entwicklung, die in Mecklenburg-Vorpommern durch einen starken Rückgang der...

The dynamic fiscal policy adjustment of local jurisdictions is investigated empirically using a panel of more than 1000 U.S. municipalities over a quarter of a century. Distinguishing ownsource revenue, grants, expenditures, and debt service, the analysis is carried out using a vector...

Redistributive grants schemes, such as fiscal equalization, are a common characteristic of local public finance in several countries. However, large and small jurisdictions are treated differently by the respective fiscal equalization schemes that often tend to favour larger jurisdictions. This...