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Showing 1 to 7 of 7 for “"Fiscal Authority"”.

  1. The Dynamics of Size, Composition, and Fiscal Authority in Government Expenditures: Examining The Effects of Social Disturbance

    … investigates changes in size, composition, and fiscal authority of government expenditure brought on by social disturbance by examining the effects of German reunification on government spending. This research tests several hypotheses using data on total spending and six major sub-policy …

    vt Repository record for The Dynamics of Size, Composition, and Fiscal Authority in Government Expenditures: Examining The Effects of Social Disturbance (opens in a new tab)

  2. On Bank Bailouts

    … When a financial institution fails, the fiscal authority often deviates from its ex-ante no-bailout commitment: the ex-post best response is to bailout. The fiscal authority’s time inconsistency creates moral hazard. I calculate the welfare loss from the failure to commit. In the model, …

    cornell Repository record for On Bank Bailouts (opens in a new tab)

  3. Three Essays on FDI and Decentralization

    … FDI when sub-national governments have enough authority on FDI policies and the differences of employment gain among regions are large. Decentralization has positive effects on FDI when fiscal authority and political power is appropriately divided between central government and sub-national …

    uiuc Repository record for Three Essays on FDI and Decentralization (opens in a new tab)

  4. Optimal labor income taxation with perks

    … firms as well as between those agents and the fiscal authority. If it is well known, in fact, that labor contracts tying wages to performance may mitigate the efficiency costs from unobservable effort, it is also an empirical fact that real word contracts, and the incentives provided wherein, …

    cagliari Repository record for Optimal labor income taxation with perks (opens in a new tab)

  5. Essays on unconventional monetary policy

    … is hampered. Our results also suggest that the fiscal authority as well as the industrial organization of the banking sector play fundamental roles in the transmission mechanism of unconventional monetary policy.

    alabama Repository record for Essays on unconventional monetary policy (opens in a new tab)

  6. Fiscal Decentralization and Municipal Budget Policy in Countries with Economies in Transition: Comparing Local Revenue Systems

    The thesis explores the effect of fiscal decentralization on local governments budgeting and fiscal autonomy in selected transition countries of Central and Eastern Europe. The implications of legislative changes on local budgets and revenue authority are analyzed. Discrepancies between legal …

    vt Repository record for Fiscal Decentralization and Municipal Budget Policy in Countries with Economies in Transition: Comparing Local Revenue Systems (opens in a new tab)

  7. Empirical and Theoretical Evidence for the Strategic Use of Debt Management as an Active Policy Instrument

    … of federal debt management as an instrument of fiscal and monetary policy. It advances the sparse theoretical literature in this area on at least two fronts. First, the source of conflict between existing practical and theoretical views on debt management is exposed and examined. Frequently …

    uiuc Repository record for Empirical and Theoretical Evidence for the Strategic Use of Debt Management as an Active Policy Instrument (opens in a new tab)