The literature on fiscal federalism has long debated whether fiscally decentralized countries are inherently more economically and fiscally unstable. This paper contributes to this literature by analyzing the impact of fiscal decentralization on one of the most important dimensions of...

This paper revisits the relationship between fiscal decentralization and economic growth by addressing the endogeneity issue stemming from reverse causality and unobserved factors that has plagued the extensive previous literature on this subject. In our approach, we use the Geographic...

This paper revisits the relationship between fiscal decentralization and economic growth by addressing the endogeneity issue stemming from reverse causality and unobserved factors that has plagued previous extensive literature on this subject. In our approach, we use the Geographic Fragmentation...