Fiscal Policy Stabilization: Purchases or Transfers?
نویسندگان
چکیده
منابع مشابه
Intergovernmental Fiscal Transfers in Asia 2 Intergovernmental Fiscal Transfers : Concepts , International Practice , and Policy Issues
There is a large conceptual and empirical literature on intergovernmental fiscal transfers. Drawing on this work and examples from various countries, we provide in this chapter a broad overview of the theory and practice of intergovernmental transfers, with particular focus on developing countries. We begin with a review of the main objectives of intergovernmental transfers and the criteria use...
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A theoretical analysis considers the impact of a typical system of redistributive “fiscal equalization” transfers on the taxing effort of local jurisdictions. More specifically, it shows that the marginal contribution rate, i.e. the rate at which an increase in the tax base reduces those transfers, might be positively associated with the local tax rate while the volume of grants received is lik...
متن کاملThe Incentive Effect of Fiscal Equalization Transfers on Tax Policy
A theoretical analysis considers the impact of a typical system of redistributive “fiscal equalization” transfers on the taxing effort of local jurisdictions. More specifically, it shows that the marginal contribution rate, i.e. the rate at which an increase in the tax base is reducing those transfers, might be positively associated with the local tax rate while the volume of grants received is...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2014
ISSN: 1556-5068
DOI: 10.2139/ssrn.2482349