Grant Systems and Vulnerability to Fiscal Stress: A Comparative Study of Danish and North American Local Government

P E Mouritzen and B J Narver
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P E Mouritzen: Institute of Public Finance and Policy, University of Odense, Campusvej 55, 5230 Odense M, Denmark
B J Narver: Institute for Public Policy and Management, University of Washington, Seattle, WA 98195, USA

Environment and Planning C, 1989, vol. 7, issue 3, 285-299

Abstract: The properties of a country's system of intergovernmental grants may have important effects on the vulnerability of local government to socioeconomic changes and to changes in grants from the central government. A comparison between Denmark and the United States suggests that a combination of a low degree of equalization, high reliance on general grants, and a visible structure of taxation lead to a high degree of vulnerability to fiscal stress.

Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envirc:v:7:y:1989:i:3:p:285-299

DOI: 10.1068/c070285

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