Search results for " federali"

Riorganizzazione del Sistema di Giustizia Sportiva e funzione nomofilattica delle Corti Federali di ultima istanza

2010

España inacabada. Organización territorial del Estado, autonomía política y reconocimiento de la diversidad nacional

2021

S’han complert més de tres dècades de vigència de la Constitució de 1978 i, per tant, ja es disposa de prou perspectiva per analitzar el grau d’eficàcia d’un model d’Estat, per alguns, gairebé federal i, per a uns altres, senzillament molt descentralitzat. D’altra banda, a Espanya segueix plenament obert el debat sobre Espanya. Sigui quina sigui l’opinió, la veritat és que el nostre antic problema consumeix una gran part de les energies col·lectives, condiciona àmpliament l’agenda política, genera notables tensions socials i projecta ombres d’incertesa respecte al futur. En aquest treball, s’hi presenta un balanç de les dues qüestions. Després d’oferir un resum breu del procés de construcci…

Assessing Long-Term Fiscal Developments: A New Approach

2009

We use a new approach to assess long-term fiscal developments. By analyzing the time-varying behaviour of the two components of government spending and revenue - responsiveness and persistence - we are able to infer about the sources of fiscal behaviour. Drawing on quarterly data we estimate recursively these components within a system of government revenue and spending equations using a Three-Stage Least Square method. In this way we track fiscal developments, i.e. possible fiscal deteriorations and/or improvements for eight European Union countries plus the US. Results suggest that positions have not significantly changed for Finland, France, Germany, Spain, the United Kingdom and the US,…

The assignment of powers in an open-ended European Union

2003

Presented at CESIFO Conference “A Constitution for the EU”, February 2003; International audience; A major characteristic of the European Union is its transitional or evolving nature, in particular with regard to the assignment of powers between the two main levels of government. More precisely, under current constitutional arrangements, this evolving nature takes the form of an integration process which tends to be monotonous, that is, which can only with great difficulty be reversed. The paper is mainly devoted to the explanation of how this comes about and what effects this has on other features of the process. As a concluding remark, however, it suggests that an additional criterion for…

Horizontal competition in multilevel governmental settings

2013

28 pages; Governments situated on the same level of a multi-level governmental system compete with each other as well as with governments placed higher or lower. This paper is concerned with horizontal competition only. It discusses both competition based on the mobility of agents and competition based on comparisons of performance across jurisdictions - i.e., yardstick competition. With regard to the first kind, the focus is on the capacity of governments and voters to decide policies in spite of the mobility of agents. Some attention is also given to non-standard mechanisms in which mobility is manipulated so as to change the structure of the electorate. The paper considers two forms of h…

How significant is yardstick competition among governments? Three reasons to dig deeper

2013

22 pages; The significance of yardstick competition among governments is now confirmed with regard to fiscal variables. This is an important result but the significance of the mechanism must also be sought in a context broader than that of fiscal federalism and without limitation to relations and processes fully observable. Three points are made. Even in the case of governments trying to mimic each other over a single variable, additional variables are involved in an important way. Yardstick competition can be latent without being ineffective. Its major effect, then, is to set bounds to the choices that office-holders could think of making. Finally, the mechanism is a hidden albeit essentia…

Claustre Obert: Joan Romero, 'Federalisme,independentisme,centralisme,autonomisme: el cas català'

2013

'Federalisme, fronteres i fractures socials a Europa' és el títol de la conferència que imparteix Joan Romero hui dimecres 5 de juny. En un context en què les fronteres geogràfiques, culturals, estatals, científiques i urbanes es posen en qüestió, l' espai de debat Claustre Obert, de la Universitat de València i 'El País', analitza les claus d'aquest fenomen en dues conferències.

Is the budget deficit sustainable when fiscal policy is non-linear? The case of Spain

2006

In this paper, we re-examine the long-run sustainability of budget deficits, when fiscal policy is conducted as a non-linear process. Our empirical methodology makes use of recent developments on threshold cointegration that consider the possibility of a non-linear relationship between government expenditures and revenues. The analysis is applied to the case of Spain, a country that has recently accomplished an important fiscal consolidation. Overall, our results suggest the presence of significant non-linear effects in Spanish fiscal policy, so that fiscal authorities would cut deficits only if they are ‘large’, which would assure in turn their long-run sustainability.

Deficit sustainability, and monetary versus fiscal dominance: The case of Spain, 1850–2000

2014

Abstract In this paper, we provide a test of the sustainability of the Spanish government deficit over the period 1850–2000, emphasizing the role played by monetary and fiscal dominance in order to get fiscal solvency. Since the condition of fiscal solvency was satisfied, government deficit would have been sustainable along the sample period. In addition, the whole period can be characterized as one of fiscal dominance.

The Economic Rationale of Fiscal Rules in OCAs: The Stability and Growth Pact and the Excessive Deficit Procedure

2013

This chapter examines the case of different regions within a single country that wish to share a common currency, even though they have divergent trends in unemployment, inflation, wages, non-wage costs and productivity. This situation compares with the case of a group of EU countries, each with its own decentralised national budget, that have established a monetary union and that are facing asymmetric shocks. As such an economic context requires fiscal commitments from national governments, we analyse the economic rationale of setting fiscal rules for a common currency area and the resulting EU institutional frame for the Stability and Growth Pact (SGP) and the Excessive Deficit Procedure …