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Fiscal federalism and economic growth

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dc.creator Brueckner, Jan Keith
dc.date 2005
dc.date.accessioned 2013-10-16T07:02:43Z
dc.date.available 2013-10-16T07:02:43Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/19065
dc.identifier ppn:50967223X
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/19065
dc.description 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.
dc.language eng
dc.relation CESifo working papers 1601
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject H70
dc.subject H10
dc.subject ddc:330
dc.subject Finanzföderalismus
dc.subject Wirtschaftswachstum
dc.subject Neue Wachstumstheorie
dc.subject Sparen
dc.subject Bildungsinvestition
dc.subject Theorie
dc.title Fiscal federalism and economic growth
dc.type doc-type:workingPaper


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