| 000 | 02434nab a2200241 c 4500 | ||
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| 999 |
_c137884 _d137884 |
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| 003 | ES-MaIEF | ||
| 005 | 20221212162204.0 | ||
| 007 | t| | ||
| 008 | 180419s2018 uk ||||| |||| 00| 0|eng d | ||
| 040 |
_aES-MaIEF _bspa _cES-MaIEF |
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| 041 | _aeng | ||
| 245 | 0 |
_aInformation transmission within federal fiscal architectures _btheory and evidence _c by Axel Dreher ... [et al.] |
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| 500 | _aDisponible en formato electrónico a través de la Biblioteca del IEF. | ||
| 500 | _aResumen. | ||
| 504 | _aBibliografía. | ||
| 520 | _aThis paper explores the role of information transmission and misaligned interests across levels of governments in explaining variation in the degree of decentralization across countries. We analyse two alternative policy-decision schemes— ‘decentralization’ and ‘centralization’— within a two-sided incomplete information principal–agent framework. The quality of communication depends on the conflict of interests between the government levels and on which government level controls the degree of decentralization. We show that the extent of misaligned interests and the relative importance of local and central government knowledge affect the optimal choice of policy-decision schemes. Our empirical analysis confirms that countries’ choices depend on the relative importance of private information. In line with our theory the results differ significantly between unitary and federal countries. | ||
| 650 | 4 |
_944156 _aFEDERALISMO FISCAL |
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| 650 | 4 |
_947499 _aINTERCAMBIO DE INFORMACION TRIBUTARIA |
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| 700 | 1 |
_914015 _aDreher, Axel |
|
| 773 | 0 |
_9155429 _tOxford Economic Papers _w(IEF)120956 _x 0030-7653 _g v. 70, n. 1, January 2018, p. 243-265 |
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| 856 | _uhttps://watermark.silverchair.com/gpx036.pdf?token=AQECAHi208BE49Ooan9kkhW_Ercy7Dm3ZL_9Cf3qfKAc485ysgAAAbwwggG4BgkqhkiG9w0BBwagggGpMIIBpQIBADCCAZ4GCSqGSIb3DQEHATAeBglghkgBZQMEAS4wEQQM2vmg-KbOc7gkeYknAgEQgIIBb-6Bde3eIRjCKVbg9rXX138JVLiH3H0qFRnISSJT36i0Vm4h1nG1lGlWfqt2gExGnLAxBMsUD_kuC9fv7BPmVQaPSO84tYYf7kAcLn6qvEixFRwn0yhXBjz_5p8CUAilEeSHfiWRMr-X0J1HRn7Op_E9XoK2Ydz0TtB5knEt0ZBOCZ1wc39Oe4XYmI90-DdENPGLKsfNNhmhaqmhpn_Q-odObTWHdv402JU00IHDVrel1wXipTdW2amaATLFJ_yDz85Jebc7yzTPEx4CG-1Hsqm37gZnywvgnX7MM6gXz6F328mUqMNFox2SSLYntJTAfQbbiay5ieF0CI_FrJrLO91nJ97ljxUdY3DEyU8o1IUchiDX8W7iSITqVuGkNZcWN_AeKe2rqD3pdLafU4vsGK3XI0INYQf4W5Gy4nqQuVnQJYvr9p4xIvIYil1-a3t-KWyhfrtANAPBVNryV5Y2ejqgaa5Ud89KVIr3R9mcagk | ||
| 942 |
_2udc _cART |
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