Now showing items 1-2 of 2
Optimal fiscal decentralization: Redistribution and welfare implications
The literature has been inconclusive regarding the welfare effects of fiscal decentralization (FD), defined here as the extent to which local governments collect and spend local tax revenues. We present an original model ...
Revenue decentralization and income distribution
(Elsevier BV, 2006)
Due to varying local revenue collection capacities and interest group activities, revenue decentralization (RD) may lead to increased inequality. This paper provides empirical evidence, however, that, if coupled with good ...