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This paper considers the decentralized funding of public universities in a federation when students and graduates are mobile. In particular, I discuss whether local governments should be given the right to differentiate tuition fees between in-state and out-of-state students. I develop a model...
Persistent link: https://www.econbiz.de/10009751407
Finnish municipalities enjoy ample fiscal autonomy and provide or arrange the provision of a large share of public services. In recent years, their spending and debt has been increasing steadily, especially because of population ageing and increases in the cost of health care and social...
Persistent link: https://www.econbiz.de/10010375402
panel data of OECD countries (1980-2013) suggest that LTCI introduction substantially increased the in-kind benefits for the …
Persistent link: https://www.econbiz.de/10012545099
We consider the problem of testing for a structural break in the spatial lag parameter in a panel model (spatial …
Persistent link: https://www.econbiz.de/10011654172
With the aging of populations, particularly in more developed countries, retirees are becoming a politically influential group. Government budgets have been feeling the strain on social insurance, health care, and other programs that benefit the elderly. Yet spending on these programs has often...
Persistent link: https://www.econbiz.de/10011427687
expenses and a higher tax burden. This pressure is expected to tame deficits or increase surpluses over time. Using panel data …
Persistent link: https://www.econbiz.de/10011963006
This study provides an empirical investigation of fiscal interactions in the context of a developing country. I examine three fiscal components - budget balance, tax revenue, and public spending - to measure spatial interactions between Colombian municipalities from 2000 to 2010. I am using...
Persistent link: https://www.econbiz.de/10012587974
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panel ARDL estimation method. The findings derived from the estimated models point out that the old-age dependency ratio and …
Persistent link: https://www.econbiz.de/10014516260