We propose a theory of tax centralization and inter governmental grants in politico-economic equilibrium. The cost of … the local level. This renders the degree of tax centralization and the tax burden determinate even if none of the … traditional, expenditure-related motives for centralization considered in the fiscal federalism literature is present. If central …

We propose a theory of tax centralization in politico-economic equilibrium. Taxation has dynamic general equilibrium … spending and taxation and create a role for inter governmental grants. The model provides an explanation for the centralization …

This paper provides a political-economy explanation of the degree of centralization in economic policy making. To … determine which policies are to be centralized, regions select representatives who then negotiate the degree of centralization …

This paper provides a political-economy explanation of the degree of centralization in economic policy making. To … determine which policies are to be centralized, regions select representatives who then negotiate the degree of centralization … and the regional cost shares of centrally decided policies. We show that the resulting degree of centralization is …

This paper analyzes the relationship between the size of an economic union and the degree of policy centralization. We … consider a political economy setting in which elected representatives bargain over the degree of centralization within the … outcome. We show that the relationship between the size of the union and centralization may be non-monotonic: Up to a certain …

This paper provides a political-economy explanation of the degree of centralization in economic policy making. To … determine which policies are to be centralized, regions select representatives who then negotiate the degree of centralization … and the regional cost shares of centrally decided policies. We show that the resulting degree of centralization is …