|
EconStor >
ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/26430
|
| | |
Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Köthenbürger, Marko | | en_US |
| dc.date.accessioned | | 2008-09-11 | | en_US |
| dc.date.accessioned | | 2009-07-28T08:31:46Z | | - |
| dc.date.available | | 2009-07-28T08:31:46Z | | - |
| dc.date.issued | | 2008 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/26430 | | - |
| dc.description.abstract | | Previous literature widely assumes that taxes are optimized in local public finance while expenditures adjust residually. This paper endogenizes the choice of the optimization variable. In particular, it analyzes how federal policy toward local governments influences the way local governments decide on public policy. Unlike the presumption, the paper shows that local governments may choose to optimize over expenditures. The result most notably prevails when federal policy subsidizes local fiscal effort. The results offer a new perspective of the efficiency implications of federal policy toward local governments and, thereby, enable a more precise characterization of local government behaviour in fiscal federalism. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | CESifo München | | en_US |
| dc.relation.ispartofseries | | CESifo working paper 2385 | | en_US |
| dc.subject.jel | | H7 | | en_US |
| dc.subject.jel | | H3 | | en_US |
| dc.subject.jel | | H1 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Tax vs expenditure optimization | | en_US |
| dc.subject.keyword | | federalism | | en_US |
| dc.subject.keyword | | endogenous commitment | | en_US |
| dc.subject.keyword | | fiscal incentives | | en_US |
| dc.subject.keyword | | policy interaction | | en_US |
| dc.subject.stw | | Kommunale Finanzpolitik | | en_US |
| dc.subject.stw | | Finanzföderalismus | | en_US |
| dc.subject.stw | | Finanzausgleich | | en_US |
| dc.subject.stw | | Ökonomischer Anreiz | | en_US |
| dc.subject.stw | | Theorie | | en_US |
| dc.title | | How do local governments decide on public policy in fiscal federalism?: tax vs. expenditure optimization | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 577509829 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | CESifo Working Papers, CESifo Group Munich
|
| Files in This Item:
| |
|
| No. of Downloads:
| |
| last Month |
last 3 Month |
total |
|
|
|
|
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|