The Local Fiscal Multiplier of Intergovernmental Grants: Evidence from Federal Medicaid Assistance to Statesdoi:10.24149/WP2112Seth GiertzAnil KumarFederal Reserve Bank of Dallas
To our knowledge this approach is novel to the literature on the social cost of carbon (it is related, however, to considerations of environmental and fiscal federalism, see Williams 2012; Roolfs et al., 2020). In our model, the SCC is determined at the global level through the ...
After revenue-sharing system reform, the proportion of tax refund in fiscal transfer payments continued to decline, and the proportion of categorical grant and condition grant is increased. The paper studies how transfer payment structure effect fiscal efficiency from the perspective of local financial ...
Moreover, our theoretical framework indicates in what direction we could structure part of the empirical analysis, identifying three primary sources of heterogeneity that can cause a response to the transfers cuts. First, the level of fiscal effort can foster a pass-through from federal cuts to lo...
Given that using cross-regional analysis for a monetary union can difference out the influence of monetary policy, the fiscal shock we study is a temporary, non-tax financed and no-monetary-policy-response government spending shock. We find the local fiscal multiplier in China is above one and...
Fiscal multiplierFiscal stimulusMedicaid matching grantsAdvocates of Medicaid expansion argue that federal Medicaid assistance to states fosters economic activity, generating positive local multiplier effects. Furthermore, during economic downturns, Congress regularly tweaks federal match rates for state Medicaid ...
Ma. 2016. "How Large Is the Local Fiscal Multiplier? Evidence from Chinese Counties." Journal of Comparative Economics 44 (2): 343-352.Guo, Qingwang, Chang Liu, and Guangrong Ma, 2016. "How Large is the Local Fiscal Multiplier? Evidence from Chinese Countries," Journal of Comparative ...
https://bawo.at/fileadmin/user_upload/public/Dokumente/News/News_Wien/17_2015_Stellungnahme__Soziale_Wohnungsvergabe_BAWO.pdf [11.08.2021] BAWO, (2024). housing first österreich – zuhause ankommen. https://bawo.at/housingfirst/ [02.06.2024] Belotti, E. (2023). Fighting for housing...
Land is immovable, often costly, and set within defined jurisdictions—so the market for that housing is in the main defined by local demand, local regulatory and fiscal frameworks, and by local costs of land and production." The local level, and particularly the urban scale, in recent years...