This paper deals with an important issue in the field of fiscal federalism, the effect of fiscal imbalances on the behaviour of sub-central governments. We provide a simple theoretical model that considers the effect of both forms of fiscal imbalances on the fiscal effort of local governments.
Fiscal Imbalances and Fiscal Effort of Local Governments / Di Liddo, G.; Longobardi, E.; Porcelli, F.. - In: THE B.E. JOURNAL OF ECONOMIC ANALYSIS & POLICY. - ISSN 1935-1682. - 19:3(2019). [10.1515/bejeap-2018-0315]
Fiscal Imbalances and Fiscal Effort of Local Governments
Porcelli F.
2019
Abstract
This paper deals with an important issue in the field of fiscal federalism, the effect of fiscal imbalances on the behaviour of sub-central governments. We provide a simple theoretical model that considers the effect of both forms of fiscal imbalances on the fiscal effort of local governments.File allegati a questo prodotto
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