The structure of each level of government in the United States has changed over the last 200 years. Wallis (2000) has presented empirical evidence that relates the dominance of each level not to the functions government decides to undertake (the expenditures it commits to), but to the costs and benefits of the financial instruments each level has available (the way each level extracts revenues). In this paper we provide theoretical evidence for this hypothesis. We show why two different levels of government (e.g. state and federal) would not want to use a common instrument to finance the same good.
This paper surveys the empirical research on fiscal institutions of the last three decades. The main...
Control on regional government budgets is important in a monetary union as lower tiers of government...
For the last three decades, fiscal decentralization has been a priority of the institutional reform ...
The structure of each level of government in the United States has changed over the last 200 years. ...
The purpose of this article is to determine what theoretical and policy conclusions are consistent w...
Deciding how to finance multiple levels of government is a challenging task for all political system...
This paper analyses how fiscal adjustment comes about when both central and sub-national governments...
This paper finds that when the Congress and Presidency are controlled by the different political par...
In this paper we examine financial interactions between tiers of government. Whilst most existing em...
A notable difference between the U.S. and many countries in Europe is in the degree of fiscal decent...
Theories of fiscal federalism, such as those propounded by Musgrave, Tiebout, and Brennan and Buchan...
This paper analyses how fiscal adjustment comes about when both central and sub-national governments...
Models of \u85scal federalism rarely account for the multitude of real-world intergovernmental arran...
This paper uses cross-national data to examine the effects of federal fiscal and political instituti...
Although interactions between federal and state taxes and spending programs are becoming increasingl...
This paper surveys the empirical research on fiscal institutions of the last three decades. The main...
Control on regional government budgets is important in a monetary union as lower tiers of government...
For the last three decades, fiscal decentralization has been a priority of the institutional reform ...
The structure of each level of government in the United States has changed over the last 200 years. ...
The purpose of this article is to determine what theoretical and policy conclusions are consistent w...
Deciding how to finance multiple levels of government is a challenging task for all political system...
This paper analyses how fiscal adjustment comes about when both central and sub-national governments...
This paper finds that when the Congress and Presidency are controlled by the different political par...
In this paper we examine financial interactions between tiers of government. Whilst most existing em...
A notable difference between the U.S. and many countries in Europe is in the degree of fiscal decent...
Theories of fiscal federalism, such as those propounded by Musgrave, Tiebout, and Brennan and Buchan...
This paper analyses how fiscal adjustment comes about when both central and sub-national governments...
Models of \u85scal federalism rarely account for the multitude of real-world intergovernmental arran...
This paper uses cross-national data to examine the effects of federal fiscal and political instituti...
Although interactions between federal and state taxes and spending programs are becoming increasingl...
This paper surveys the empirical research on fiscal institutions of the last three decades. The main...
Control on regional government budgets is important in a monetary union as lower tiers of government...
For the last three decades, fiscal decentralization has been a priority of the institutional reform ...