Unfolding the Flypaper : The Effects of Intergovernmental Grants in an Open Local Economy

The Effects of Intergovernmental Grants in an Open Local Economy

Nopic
Empirical studies of the effects of intergovernmental grants to localities do not support standard microeconomic predictions. Block grants have surprisingly large positive effects on public expenditures. Researchers have attributed this "flypaper effect" to imperfect information (fiscal illusion), bureaucratic self-interest (Leviathan motives),... READ MORE...

Publication date: July 1989
ISBN 9781451966367
$10.00

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