Showing 1 - 10 of 12,240
This paper examines how local governments adjust their spending, savings and taxes in response to a temporary revenue windfall generated by a housing boom and how they cope with the inevitable shortfall that appears during the bust. We focus on Spanish local governments given the intensity of...
Persistent link: https://www.econbiz.de/10011580820
This paper analyzes the distribution of discretionary transfers from higher tiers of government in the process of fiscal adjustment in local jurisdictions which were hit by a negative revenue shock in formula transfers. Spanish local governments experienced a 30% fall in their revenue-sharing...
Persistent link: https://www.econbiz.de/10011500532
This paper analyzes the distribution of discretionary transfers from higher tiers of government in the process of fiscal adjustment in local jurisdictions which were hit by a negative revenue shock in formula transfers. Spanish local governments experienced a 30% fall in their revenue-sharing...
Persistent link: https://www.econbiz.de/10011499738
Earlier empirical literature has examined some long- and medium-term aspects of macro-fiscal volatility while leaving its short-term fiscal impact unexplored. To help fill that gap, we examine the impact of macro-fiscal volatility on the composition of public spending. To that end, we analyse a...
Persistent link: https://www.econbiz.de/10010273554
Earlier empirical literature has examined some long- and medium-term aspects of macro-fiscal volatility while leaving its short-term fiscal impact unexplored. To help fill that gap, we examine the impact of macro-fiscal volatility on the composition of public spending. To that end, we analyse a...
Persistent link: https://www.econbiz.de/10008487628
This paper analyzes the relationship between intermunicipal cooperation and efficiency of public service provision. The organizational arrangements, including self-provision, joint pro-vision or contracting, affect politicians' and bureaucrats' incentives as well as internal transaction costs....
Persistent link: https://www.econbiz.de/10010436092
Angesichts der teilweise prekären Finanzlage deutscher Kommunen gelten freiwillige Kooperationen im Kommunalbereich als mögliche Alternative, z. B. zu politisch heiklen Gebietsreformen, um Kostenersparnisse zu realisieren. Die Ergebnisse einer Effizienzstudie des IWH (in Kooperation mit der...
Persistent link: https://www.econbiz.de/10011502148
The article formalizes and measures the impact of club size on the quality of the public good provided to its members. Under a general framework we describe various functional forms that allow either network or crowding effects. Mechanisms of provision are that of a political process in which...
Persistent link: https://www.econbiz.de/10005612815
This paper analyzes the relationship between intermunicipal cooperation and efficiency of public service provision. The organizational arrangements, including self-provision, joint pro-vision or contracting, affect politicians’ and bureaucrats’ incentives as well as internal transaction...
Persistent link: https://www.econbiz.de/10010951634
Angesichts der teilweise prekären Finanzlage deutscher Kommunen gelten freiwillige Kooperationen im Kommunalbereich als mögliche Alternative, z. B. zu politisch heiklen Gebietsreformen, um Kostenersparnisse zu realisieren. Die Ergebnisse einer Effizienzstudie des IWH (in Kooperation mit der...
Persistent link: https://www.econbiz.de/10010890994