Overview
Fiscal Federalism
PowerPoint for Class 15
Required Readings:
- Hindriks and Myles, Chapter 19, Sections 19.1 to 19.3, and 19.7 to 19.8.
- Oates, Wallace E. (2008). On the Evolution of Fiscal Federalism: Theory and Institutions. National Tax Journal, Vol. 61, No. 2, pp. 313-334.
Discussion Questions:
- Which one of the arguments for centralization do you consider the most appealing?
- Which one of the arguments for centralization do you consider the least appealing?
- Would you agree that voting leads to excessive decentralization in industrialized countries?