Theory of public finance in a federal state / Dietmar Wellisch.
Wellisch, Dietmar| Call Number | 336 |
| Author | Wellisch, Dietmar, author. |
| Title | Theory of public finance in a federal state / Dietmar Wellisch. |
| Physical Description | 1 online resource (x, 214 pages) : digital, PDF file(s). |
| Notes | Title from publisher's bibliographic system (viewed on 05 Oct 2015). |
| Summary | The central question of this book is whether the assignment of government functions to the individual jurisdictions in a federal state can ensure an optimal allocation of resources and a fair income distribution. The analysis thereby gives a new answer to the old question about the optimal degree of fiscal decentralization in a federal state. It shows that fiscal decentralization is a method to disclose the preferences of currently living and future generations for local public goods, to limit the size of the government, and to avoid excessive public debt finance. While the allocative branch of the government benefits from fiscal decentralization, it is difficult to obtain a distribution of incomes that differs from the outcome that the market brings along. |
| Subject | INTERGOVERNMENTAL FISCAL RELATIONS. FINANCE, PUBLIC. DECENTRALIZATION IN GOVERNMENT. FEDERAL GOVERNMENT. |
| Multimedia |
Total Ratings:
0
02071nam a22003858i 4500
001
vtls001585022
003
VRT
005
20200921122300.0
006
m|||||o||d||||||||
007
cr||||||||||||
008
200921s2000||||enk o ||1 0|eng|d
020
$a 9780511613319 (ebook)
020
$z 9780521630351 (hardback)
020
$z 9780521026871 (paperback)
035
$a (UkCbUP)CR9780511613319
039
9
$y 202009211223 $z santha
040
$a UkCbUP $b eng $e rda $c UkCbUP
050
0
0
$a HJ197 $b .W454 2000
082
0
0
$a 336 $2 21
100
1
$a Wellisch, Dietmar, $e author.
245
1
0
$a Theory of public finance in a federal state / $c Dietmar Wellisch.
264
1
$a Cambridge : $b Cambridge University Press, $c 2000.
300
$a 1 online resource (x, 214 pages) : $b digital, PDF file(s).
336
$a text $b txt $2 rdacontent
337
$a computer $b c $2 rdamedia
338
$a online resource $b cr $2 rdacarrier
500
$a Title from publisher's bibliographic system (viewed on 05 Oct 2015).
520
$a The central question of this book is whether the assignment of government functions to the individual jurisdictions in a federal state can ensure an optimal allocation of resources and a fair income distribution. The analysis thereby gives a new answer to the old question about the optimal degree of fiscal decentralization in a federal state. It shows that fiscal decentralization is a method to disclose the preferences of currently living and future generations for local public goods, to limit the size of the government, and to avoid excessive public debt finance. While the allocative branch of the government benefits from fiscal decentralization, it is difficult to obtain a distribution of incomes that differs from the outcome that the market brings along.
650
0
$a INTERGOVERNMENTAL FISCAL RELATIONS.
650
0
$a FINANCE, PUBLIC.
650
0
$a DECENTRALIZATION IN GOVERNMENT.
650
0
$a FEDERAL GOVERNMENT.
776
0
8
$i Print version: $z 9780521630351
856
4
0
$u https://doi.org/10.1017/CBO9780511613319
999
$a VIRTUA
No Reviews to Display
| Summary | The central question of this book is whether the assignment of government functions to the individual jurisdictions in a federal state can ensure an optimal allocation of resources and a fair income distribution. The analysis thereby gives a new answer to the old question about the optimal degree of fiscal decentralization in a federal state. It shows that fiscal decentralization is a method to disclose the preferences of currently living and future generations for local public goods, to limit the size of the government, and to avoid excessive public debt finance. While the allocative branch of the government benefits from fiscal decentralization, it is difficult to obtain a distribution of incomes that differs from the outcome that the market brings along. |
| Notes | Title from publisher's bibliographic system (viewed on 05 Oct 2015). |
| Subject | INTERGOVERNMENTAL FISCAL RELATIONS. FINANCE, PUBLIC. DECENTRALIZATION IN GOVERNMENT. FEDERAL GOVERNMENT. |
| Multimedia |