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Vertical income tax externalities and fiscal interdependence : evidence from the US
Esteller-Moré, Álex; Solé-Ollé, Albert - 1999
Concurrent taxation is a feature of many federal systems. As a consequence of this fact, the tax policy of one level of government affects the tax base of the other. This paper carries out a theoretical analysis of the interdependent tax-setting decisions of federal and regional governments,...
Persistent link: https://www.econbiz.de/10013428252
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Federation's alternative tax constitutions and risky education
Poutvaara, Panu - 1999
We analyze a two-period modell where risk-averse students divide their time between risky education, leisure, and work. The educated can migrate. Wagetax financed transfer to students acts as an insurance, and increases both investment in education and demand for leisure. We drive sufficient...
Persistent link: https://www.econbiz.de/10013428263
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Public procurement in the presence of capital taxation
Weichenrieder, Alfons J. - 1999
The paper considers governments' public procurement decision as a way of influencing industry structure. In a federation in which capital is mobile and capital taxation is harmonized, a home bias in public procurement can potentially be explained as an effort to increase the capital intensity of...
Persistent link: https://www.econbiz.de/10013428266
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Optimal secession rules
Bordignon, Massimo - 1999
Should the constitution of a federation allow for peaceful secession? Constitutionally defined secession rules are … benefit from the perceived long-term stability of the federation and constitutionally defined secession rules increase the … secession rules. If transfers are costly, the trade off is present even if ex post renegotiation is allowed. Finally, we show …
Persistent link: https://www.econbiz.de/10013428275
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Fiscal federalism and tax enforcement
Bönke, Timm; Joachimsen, Beate; Schröder, Carsten - 2015
In many countries organized as federations, fiscal-equalization schemes have been implemented to mitigate vertical or horizontal imbalances. Such schemes usually imply that the member states of the federation can only partly internalize marginal tax revenue before redistribution. Aside from this...
Persistent link: https://www.econbiz.de/10010517182
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Thoughts on a fiscal union in EMU
Gadatsch, Niklas; Hollmayr, Josef; Stähler, Nikolai - 2016
Using an estimated large-scale New-Keynesian model, we assess welfare and business cycle consequences of a fiscal union within EMU. We differentiate between three different scenarios: public revenue equalisation, tax harmonisation and a centralised fiscal authority. Relative to the status quo,...
Persistent link: https://www.econbiz.de/10011546743
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Citizens' trade-offs in state merger decisions : evidence from a randomized survey experiment
Blesse, Sebastian; Heinemann, Friedrich - 2019
Voters dealing with jurisdictional merger decisions face a trade-off between economies of scale and preference costs. Larger jurisdictions may offer cost advantages, yet the downside is that policies in larger units may be less aligned to voter preferences. Our study is the first to provide...
Persistent link: https://www.econbiz.de/10012129397
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Financial behaviour of jute industry in India
Verma, Pramod C. - In: The Indian economic journal 42 (1994) 2, pp. 125-137
Persistent link: https://www.econbiz.de/10001333214
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Business policy and corporate performance
Ramamohan Rao, T. V. S. - In: The Indian economic journal 42 (1994) 2, pp. 39-53
Persistent link: https://www.econbiz.de/10001333219
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An econometric analysis of productivity growth and technological change in total manufacturing sector of India
Baghel, Lal Mrigendra Singh - In: The Indian economic journal 44 (1996) 2, pp. 39-58
Persistent link: https://www.econbiz.de/10001335444