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dc.contributor.authorBrueckner, Jan Keithen_US
dc.date.accessioned2009-01-28T15:54:49Z-
dc.date.available2009-01-28T15:54:49Z-
dc.date.issued2005en_US
dc.identifier.urihttp://hdl.handle.net/10419/19065-
dc.description.abstractThis paper uses an endogenous-growth model with overlapping generations to explore the connection between fiscal federalism and economic growth. The analysis shows that federalism, which allows public-good levels to be tailored to suit the differing demands of young and old consumers, who live in different jurisdictions, increases the incentive to save. This stronger incentive in turn leads to an increase in investment in human capital, and a byproduct of this higher investment is faster economic growth.en_US
dc.language.isoengen_US
dc.relation.ispartofseriesCESifo working papers 1601en_US
dc.subject.jelH70en_US
dc.subject.jelH10en_US
dc.subject.ddc330en_US
dc.subject.stwFinanzföderalismusen_US
dc.subject.stwWirtschaftswachstumen_US
dc.subject.stwNeue Wachstumstheorieen_US
dc.subject.stwSparenen_US
dc.subject.stwBildungsinvestitionen_US
dc.subject.stwTheorieen_US
dc.titleFiscal federalism and economic growthen_US
dc.typeWorking Paperen_US
dc.identifier.ppn50967223Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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