Theory of public finance in a federal state /

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Bibliographic Details
Author / Creator:Wellisch, Dietmar.
Imprint:Cambridge, U.K. ; New York : Cambridge University Press, 2000.
Description:1 online resource (x, 214 pages) : illustrations
Language:English
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/11130213
Hidden Bibliographic Details
ISBN:0511015879
9780511015878
0511117035
9780511117039
9780511613319
0511613318
9780511050909
0511050909
9780511156328
0511156324
9786610161850
6610161852
9780521026871
0521026873
9780521630351
0521630355
Digital file characteristics:data file
Notes:Includes bibliographical references (pages 201-210) and index.
Print version record.
Summary:"The last few decades have seen a substantial increase in the mobility of capital and population between the individual jurisdictions of long-established federal states (such as Canada, Germany, and the United States) and among the formerly independent member countries of the European Union. This book examines the consequences of this development for government policy. Its central question is whether the assignment of government functions to the individual jurisdictions in a federal state can ensure an optimal allocation of resources and a fair distribution of income."--Jacket
Other form:Print version: Wellisch, Dietmar. Theory of public finance in a federal state. Cambridge, U.K. ; New York : Cambridge University Press, 2000 0521630355
Table of Contents:
  • Acknowledgments
  • 1. Fiscal decentralization: benefits and problems
  • 2. Locational efficiency and efficiency-supporting tax systems
  • 3. Perfect interregional competition
  • 4. Interregional tax competition for mobile capital
  • 5. Optimal structure of local governments
  • 6. Incentive equivalence through perfect household mobility
  • 7. Efficiency and the degree of household mobility
  • 8. Decentralized redistribution policy
  • 9. Decentralization and intergenerational problems
  • 10. Informational asymmetry between the regions and the center
  • 11. Conclusions
  • References
  • Index