On the Effects of Intergovernmental Grants: A Survey
Manuel E. Lago,
Santiago Lago-Peñas and
Jorge Martinez-Vazquez
No 202217, Working Papers from School of Economics, University College Dublin
Abstract:
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, innately, 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.
Keywords: Intergovernmental transfers; Effects; Fiscal decentralization (search for similar items in EconPapers)
JEL-codes: H71 H72 H77 (search for similar items in EconPapers)
Pages: 61 pages
Date: 2022-06
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Persistent link: https://EconPapers.repec.org/RePEc:ucn:wpaper:202217
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