Inter-state fiscal adjustment: time for sweeping reforms

Joachim Ragnitz, Ifo Dresden, also sees the forthcoming renegotiations of federal and Länder financial relations as an opportunity to create a consistent system per se. He argues in favour of replacing the horizontal equalisation system with a vertical allocation system. [PUB ABSTRACT]

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Bibliographic Details
Published inIfo schnelldienst Vol. 67; no. 1-3; pp. 21 - 25
Main Author Ragnitz, Joachim
Format Journal Article
LanguageGerman
Published 01.01.2014
Subjects
Financial analysis
Horizontal integration
Regulation
Resource allocation
Western Europe
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Summary:Joachim Ragnitz, Ifo Dresden, also sees the forthcoming renegotiations of federal and Länder financial relations as an opportunity to create a consistent system per se. He argues in favour of replacing the horizontal equalisation system with a vertical allocation system. [PUB ABSTRACT]
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ISSN:0018-974X