000 01992nab a2200301 c 4500
999 _c138237
_d138237
003 ES-MaIEF
005 20221220160352.0
007 ta
008 180611s2018 us ||||| |||| 00| 0|eng d
040 _aES-MaIEF
_bspa
_cES-MaIEF
041 _aeng
100 1 _959512
_aCoen Pirani, Daniele
245 0 _aFiscal centralization
_bTheory and evidence from the Great Depression
_c by Daniele Coen-Pirani and Michael Wooley
260 _c2018
500 _aDisponible también en formato electrónico a través de la Biblioteca del IEF.
500 _aResumen.
504 _aBibliografía.
520 _aThe Great Depression produced a profound and lasting influence on the structure of US government. This paper studies theoretically and empirically the increased centralization of revenues and expenditures by the states relative to local governments during this period. A model of property and sales taxation and tax delinquency is introduced. In the model, the income decline of the Depression causes a rise in property tax delinquency and leads to a shift toward sales taxation and fiscal centralization by the states. Empirical evidence based on cross-state variation in the severity of the Depression is consistent with the model’s key predictions.
650 4 _948197
_aRECAUDACION
650 4 _aIMPUESTOS
_947460
650 4 _942577
_aDESCENTRALIZACION
650 4 _941525
_aCRISIS ECONOMICAS
650 4 _947776
_aMODELOS ECONOMETRICOS
700 1 _966187
_aWooley, Michael
773 0 _9156528
_oOP 2135/2018/2
_tAmerican Economic Journal. Economic Policy
_w(IEF)134825
_x 1945-7731
_g v. 10, n. 2, May 2018, p. 39-61
856 _uhttp://resolver.ebscohost.com/openurl?sid=EBSCO%3aeoh&genre=article&issn=19457731&ISBN=&volume=10&issue=2&date=20180501&spage=39&pages=39-61&title=American+Economic+Journal%3a+Economic+Policy&atitle=Fiscal+Centralization%3a+Theory+and+Evidence+from+the+Great+Depression&aulast=Coen-Pirani%2c+Daniele&id=DOI%3a&site=ftf-live
942 _cART