On Federal Transfers and Incentives
Martin Altemeyer-Bartscher
Abstract
Open-access reader
Martin Altemeyer-Bartscher
Abstract
Open-access reader
To which extent can local governments in a federal state, which compete with each other, gain some latitude of discretion to draw some additional grants from the common pool of federal funds. How must a federal transfer scheme be designed that tackles common pool fishing and at the same time fulfills the allocative and distributive objectives of the federal government?
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To which extent can local governments in a federal state, which compete with each other, gain some latitude of discretion to draw some additional grants from the common pool of federal funds. How must a federal transfer scheme be designed that tackles common pool fishing and at the same time fulfills the allocative and distributive objectives of the federal government?
Key concepts: Fiscal federalism, Tax competition, Federalism, Economics, Incentive, Competition (biology), Public economics, Externality