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  • 1
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    Government Spending and Legislative Organization: Quasi-Experimental Evidence from Germany (2010)
    American Economic Association
    Details
    Publication Date: 2010-10-01
    Description: This paper presents empirical evidence of a positive effect of council size on government spending using a dataset of 2,056 municipalities in the German state of Bavaria over a period of 21 years. We apply a regression discontinuity design to avoid an endogeneity bias. In particular, we exploit discontinuities in the legal rule that relate population size of a municipality in order to council size to identify a causal relationship between council size and public spending, and find a robust positive impact of council size on spending. Moreover, we show that municipalities primarily adjust current expenditure in response to a rise in council size. (JEL D72, H72, R51)
    Print ISSN: 1945-7782
    Electronic ISSN: 1945-7790
    Topics: Economics
    Published by American Economic Association
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  • 2
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    Local border reforms and economic activity (2021)
    Oxford University Press
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    Publication Date: 2021-10-30
    Description: In this article, we make use of large-scale municipal border changes in Germany to provide the first evidence on the effect of local border changes on the distribution of activity in space. To allow for a comparison of economic activity within unique geographical units over time, we use geo-coded light data as well as local land-use data. Applying a difference-in-differences approach, we find evidence that municipalities absorbing their merger partners and hosting the new administrative center experience a significant increase in local activity, while the municipalities that are being absorbed and are losing the administrative center experience a decrease in such activity. The difference between the gains in activity from absorbing municipalities and the losses from absorbed ones is positive. These previously undocumented results point to the importance of distance to the administrative center as a determinant of the spatial distribution of economic activity.
    Print ISSN: 1468-2702
    Electronic ISSN: 1468-2710
    Topics: Geography , Economics
    Published by Oxford University Press
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  • 3
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    European monetary integration (2004)
    Cambridge, Mass : MIT Press
    CESifo seminar series  
    Details
    Keywords: Economic and Monetary Union. ; European Union countries, Economic integration. ; Monetary unions, European Union countries.
    Notes: Economic performance and stabilization policy in a monetary union with imperfect labor and goods' markets / Fabrizio Coricelli, Alex Cukierman, and Alberto Dalmazzo ; Discussant: Erkki Koskela -- Asymmetric transmission of monetary policy: what should the ECB do if one size does not fit all? / Daniel Gros and Carsten Hefeker ; Discussant: Jørgen Elmeskov -- Is the ECB too decentralized? / Jakob de Haan, Helge Berger, and Robert Inklaar ; Discussant: Mika Widgrén -- Fiscal aspects of Central Bank independence / Christopher A. Sims ; Discussant: Svend E. Hougarrd Jensen -- Seignorage wealth in the Eurosystem: eurowinners and eurolosers revisited / Hans-Werner Sinn and Holger Feist ; Discussant: Jouko Vilmunen -- Financial fragility, bubbles, and monetary policy / Gerhard Illing ; Discussant: Phillippe Bacchetta
    Pages: xvi, 176 p.
    ISBN: 1-417-56086-X
    URL: http://www.netLibrary.com/urlapi.asp?action=summary&v=1&bookid=122553
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    E-Book (German National Licenses)
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