Intergovernmental Fiscal Relations

✍ Scribed by Ronald C. Fisher (auth.), Ronald C. Fisher (eds.)

• Publisher: Springer Netherlands
• Year: 1997
• Tongue: English
• Leaves: 309
• Series: Recent Economic Thought Series 56
• Edition: 1
• Category: Library

✦ Synopsis

The main objective of this book is to restate the important theories and evidence from economic analysis concerning intergovernmental fiscal issues. More importantly, the second objective of the book is to identify gaps in knowledge, empirical uncertainties, and missing theoretical structures and then to establish a preliminary agenda for new research on this topic.
The book is organized in two sections. The first covers the core body of intergovernmental fiscal relations, including optimal size for jurisdictions and assignment of public sector functions, the formulation and execution of tax policy in an intergovernmental setting, and the appropriate structure and use of intergovernmental transfers. In the second section, the core knowledge is applied to four major policy areas: education, welfare, fiscal interaction in urban areas, and economic development.
In thinking about a new research agenda, the authors call for more current and authoritative estimates of fiscal incidence, including interjurisdictional spillovers, for more fundamental research about the federation process and effects of consolidation, for new evidence about the long run, general equilibrium effects of interjurisdictional competition, and for basic research about the choice process and establishment of intergovernmental fiscal institutions and policies by federal and subnational governments.

✦ Table of Contents

Front Matter....Pages i-xvii
Intergovernmental Fiscal Relations: Policy Developments and Research Prospects....Pages 1-18
Intergovernmental Fiscal Relations: Concepts and Models....Pages 19-59
Tax Policy in an Intergovernmental Setting: Is it Time for the U.S. to Change?....Pages 61-97
Transfers in Federal Systems: A Critical Survey....Pages 99-137
Toward Increased Centralization in Public School Finance....Pages 139-172
Intergovernmental Fiscal Relations and Social Welfare Policy....Pages 173-198
Metropolitan-Area Fiscal Issues....Pages 199-239
Intergovernmental Aspects of Growth and Stabilization Policy....Pages 241-287
Back Matter....Pages 289-300

✦ Subjects

Public Finance & Economics; Microeconomics