On the effects of intergovernmental grants: a survey

This paper offers a comprehensive and updated review of the effects of intergovernmental grants. We focus on the main findings in the existing literature on the effects of intergovernmental grants on tax policy and choices, expenditure decisions, fiscal stability and behavioral choices, and politica...

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Detalles Bibliográficos
Autores: Lago, Manuel, Lago Peñas, Santiago, Martínez-Vázquez, Jorge
Tipo de recurso: artículo
Fecha de publicación:2024
País:España
Institución:Universidad de Santiago de Compostela (USC)
Repositorio:Minerva. Repositorio Institucional de la Universidad de Santiago de Compostela
Idioma:inglés
OAI Identifier:oai:minerva.usc.gal:10347/40120
Acceso en línea:https://hdl.handle.net/10347/40120
Access Level:acceso abierto
Palabra clave:Intergovernmental grants
Vertical fiscal imbalances
Fiscal decentralization
Subcentral governments
Descripción
Sumario:This paper offers a comprehensive and updated review of the effects of intergovernmental grants. We focus on the main findings in the existing literature on the effects of intergovernmental grants on tax policy and choices, expenditure decisions, fiscal stability and behavioral choices, and political economy. The intricate nature of the subject, intrinsically, does not allow for an all-inclusive survey, but we aim to provide a thorough examination and update of the most salient effects of intergovernmental grants, while indicating areas for further research.