Arbeitspapier
Fiscal federalism and economic growth
This paper uses an endogenous-growth model with overlapping generations to explore the connection between fiscal federalism and economic growth. The analysis shows that federalism, which allows public-good levels to be tailored to suit the differing demands of young and old consumers, who live in different jurisdictions, increases the incentive to save. This stronger incentive in turn leads to an increase in investment in human capital, and a byproduct of this higher investment is faster economic growth.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 1601
- Klassifikation
-
Wirtschaft
State and Local Government; Intergovernmental Relations: General
Structure and Scope of Government: General
- Thema
-
Finanzföderalismus
Wirtschaftswachstum
Neue Wachstumstheorie
Sparen
Bildungsinvestition
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Brueckner, Jan Keith
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2005
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Brueckner, Jan Keith
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2005
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