Togetheror separately? Issues on the costs and benefits of political and fiscal unions
Around the world one observes a tendency toward political separatism. The economic literature generally (but not always) emphasizes several benefits of large fiscal (and, therefore, political) jurisdictions. In this paper we discuss several politico-economic arguments which reconcile this tension between â€œnormativeâ€ economic models and empirical observations.
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"Assistance to the poor in a federal system,"
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- Pauly, Mark V., 1973. "Income redistribution as a local public good," Journal of Public Economics, Elsevier, vol. 2(1), pages 35-58, February. Full references (including those not matched with items on IDEAS)
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