PFM Article Archives
2009 Articles
Vol. 9, No. 1
Symposium on China’s Public Finances Part 2 China’s Public Finances: Decentralization, Poverty and Social Security
SINGLE ARTICLE: Exploring Sources of Local Government Technical Inefficiency: Evidence from Flemish Municipalities by BENNY GEYS AND WIM MOESEN
Introduction: China’s Public Finances – Decentralization, Poverty and Social Security by BHAJAN GREWAL
Community Development Funds: A New Vehicle for Poverty Alleviation in China? by ENJIANG CHENG AND ROSA Y. LI
Enterprise Pensions in China: History and Challenges by X. Y. ZHANG
Fiscal Decentralization in China and India: Competitive, Cooperative or Market Preserving Federalism? by NIRVIKAR SINGH
Vol. 9, No. 2
SYMPOSIUM ON HETEROGENEITY AND PUBLIC POLICY
Introduction to Part I by Stanley L. Winer
The Distributive Implications of Indivisible Goods by Dan Usher
Income Inequality & Redistributional Spending: An Empirical Investigation of Competing Theories by Philipp Mohl and Oliver Pamp
Strategic Consensus and Heterogeneous Voters when Voter Turnout Is Uncertain by Toke S. Aidt and Jayasri Dutta
Tax Complexity with Heterogeneous Voters by Emma Galli and Paola Profeta
Vol. 9, No. 3
SYMPOSIUM ON HETEROGENEITY AND PUBLIC POLICY, PART 2
Introduction to Part II by STANLEY WINER
Consumption Versus Income Taxation: Three Moments in the Political Economy of Fiscal Choice by STANLEY L. WINER, GEORGE WARSKETT and WALTER HETTICH
Voting on Labor-Market Integration and Education Policy when Citizens Differ in Mobility and Ability by ALEXANDER HAUPT and SILKE UEBELMESSER
Heterogeneity, Voting, and Public Policy by ADAM MARTIN and RICHARD E. WAGNER
SINGLE ARTICLE: Are there Economies of Scale in Municipal Government Expenditures? by RANDALL G. HOLCOMBE and DEEDGRA W. WILLIAMS
SINGLE ARTICLE: Optimal Budget Rules: Making Government Spending Sustainable Through Present-Value Balance by MICHAEL DOTHAN and FRED THOMPSON
Vol. 9, No. 4
Symposium on the Future and Past of EU Finances
Introduction by LARS P. FELD and FRIEDRICH HEINEMANN
"Constrained Flexibility" as a Tool to Facilitate Reform of the EU Budget by MARCO BUTI and MARIO NAVA
Funding the EU Budget: A Case for Inaction? by IAIN BEGG
Refocusing the EU Budget -- An Institutional View by CHARLES B. BLANKART and GERRIT B. KOESTER
Do Benevolent Aspects Have Room in Explaining EU Budget Receipts? by HEIKKI KAUPPI and MIKA WIDGRÉN
Getting into the Game: Legislative Bargaining, Distributive Politics, and EU Enlargement by DENIZ AKSOY and JONATHAN RODDEN
EU Budget Reform Options and the Common Pool Problem by STEFFEN OSTERLOH, FRIEDRICH HEINEMANN, and PHILIPP MOHL
Announcement: External Referees 2009 by M. PETER VAN DER HOEK
2008 Articles
Vol. 8, No. 1
Effects of “Democratic Control” on the Efficiency of Local Public Enterprises: Empirical Evidence for Water Suppliers in Eastern Germany by PETER HAUG
Explaining Budgetary Indiscipline: Evidence from Spanish Municipalities by IGNACIO LAGO-PEÑAS AND SANTIAGO LAGO-PEÑAS
Are Research and Development Tax Credits Effective? The Economic Impacts of a R&D Tax Credit in New Hampshire by ROSS GITTELL AND EDINALDO TEBALDI
Vol. 8, No. 2
Welfare in the 21st Century
Introduction by GIUSEPPE EUSEPI
The Idea of Welfare and the Welfare State by ALAN HAMLIN
Polycentricity, Political Economy, and the Welfare State by RICHARD E. WAGNER
Democracy, Debt and Disorder. Towards the End of Political “Generosity” by GIUSEPPE EUSEPI AND LUISA GIURIATO
Inhibiting Institutional Inertia: Squaring Iron Triangles while Reforming Welfare by MICHAEL REKSULAK
‘Motivation Spillover’: Tax Policy Designed to Mobilise Collective Action by PHILIP JONES
Government Transfers and Inequality: An Anatomy of Political Failure by J. R. CLARK AND DWIGHT R. LEE
Vol. 8, No. 3
HOW TO ACHIEVE FISCAL SUSTAINABILITY IN INDUSTRIALISED COUNTRIES
Introduction by ANTÓNIO AFONSO AND LUDGER SCHUKNECHT
The political economy of delaying fiscal consolidation by BORIS COURNÈDE
Assessing fiscal sustainability in the G-7 countries by DAVID HAUNER, DANIEL LEIGH, AND MICHAEL SKAARUP
Global aging pressures: impact of fiscal adjustment, policy cooperation, and structural reforms by DENNIS BOTMAN AND MANMOHAN S. KUMAR
A structural analysis of Italy’s fiscal policies after joining the European Monetary Union: are we learning from our past? by MARIA ROSARIA MARINO, SANDRO MOMIGLIANO AND PIETRO RIZZA
101 proposals to reform the Stability and Growth Pact. Why so many? A review by LARS JONUNG, MARTIN LARCH AND JONAS FISCHER
Vol. 8, No. 4
Symposium on China’s Public Finances Part 1 Development Strategy, Revenues and Fiscal Transfers
Introduction: China’s Public Finances - Future Challenges and Opportunities by BHAJAN GREWAL
Strategic Change and the Limits of Central Authority in China by PETER SHEEHAN AND BHAJAN GREWAL
Intergovernmental Fiscal Transfers for China’s Harmonious Society by BHAJAN GREWAL
Tax Reform in China: Past Performance and Future Challenges by GAO PEIYONG
The Dual Corporate Income Tax in China: The Impact of Unification by SHUHONG KONG, ZHENZI LI AND M. PETER VAN DER HOEK
Announcement: External Referees 2008 by M. PETER VAN DER HOEK, EDITOR
2007 Articles
Vol. 7, No. 1
Introduction by DARREL COHEN
An Analysis of Government Spending in the Frequency Domain by DARREL COHEN
The Effects of Technology on the Age Distribution of Health Spending: A Cross-Country Perspective by LOUISE SHEINER
Government Consumption Expenditures and the Current Account by MICHELE CAVALLO
Vol. 7, No. 2
A Counterfactual Analysis of Fiscal Decentralization in Small Countries: The Case of Mauritius by SHYAM NATH AND LARRY SCHROEDER
Symposium on “Financing and Homeland Security” by PETER EISINGER
U.S. Cities and Homeland Security: Examining the Role of Financial Conditions and Administrative Capacity in Municipal Preparedness Efforts by BRIAN J. GERBER, DAVID B. COHEN, KENDRA B. STEWART
Structuring Homeland Security Grants: Florida’s Local Finance Officials Evaluate the Funding Process by KIKI CARUSON AND SUSAN A. MACMANUS WITH THE ASSISTANCE OF THOMAS A. WATSON
Vol. 7, No. 4
Why Should Governments Encourage Improvements in Infrastructure? Indirect Network Externality of Transaction Efficiency by YEW-KWANG NG AND SIANG NG
Subsidies to Higher Education and Income-Tax Progression by SALVATORE BARBARO
Taxing Owner-Occupied Housing: Comparing the Netherlands to Other European Union Countries by M. PETER VAN DER HOEK AND SARAH E. RADLOFF
Book review of Bernard P. Herber, Protecting the Antarctic Commons. Problems of Economic Efficiency by LAURA CASTELLUCCI
2006 Articles
Vol. 6, No. 1
Introduction to ‘Housing’ Themed Issue by KENNETH GIBB
Contextualizing Tiebout: Mobility, Municipalities and Methodology by ALEX MARSH AND ADRIAN KAY
Wealth Effects and Price Volatility – How Vulnerable Are the Households? by BENGT TURNER
Housing Benefit: Great Britain in Comparative Perspective by PETER A KEMP
Changing Social Housing: Economic System Issues by KENNETH GIBB AND DUNCAN MACLENNAN
Social Housing Investment without Public Finance: The Dutch Case by VINCENT GRUIS AND NICO NIEBOER
Vol. 6, No. 2
Introduction by PATRICK J. COE
Using Financial Market Information to Enhance Canadian Fiscal Policy by HUW LLOYD-ELLIS AND XIAODONG ZHU
Debt and Budget Surpluses with a Tax Habit and Balanced Budget Hawks by ELENA LOUKOIANOVA AND SHAUN P. VAHEY
Borrowing Short- or Long-Term: Does the Government Really Face a Trade-off? A Stochastic Macro Framework for Public Debt Management by PATRICK GEORGES
Government Debt Management in Europe: Recent Changes in Debt Managers’ Strategies by GUIDO WOLSWIJK AND JAKOB DE HAAN
Vol. 6, No. 3
Introduction by BRAD R. HUMPHREYS
Have Public Finance Principles Been Shut Out in Financing New Stadiums for the NFL? by ROBERT A. BAADE AND VICTOR A. MATHESON
The Intangible Benefits of Sports Teams by JEFFREY G. OWEN
Economic and Fiscal Impacts of Mega Sporting Events: A General Equilibrium Assessment by JOHN R MADDEN
Public vs. Private Spending for Sports Facilities – The Case of Germany 2006 by LUCA REBEGGIANI
The Impact of New Stadiums on Professional Baseball Team Finances by CRAIG A. DEPKEN, II
Vol. 6, No. 4
Introduction by IAN GREENER
Introducing the Patient’s Friend? The Early Implementation of PALS in the NHS in England by ROB BAGGOTT AND DAVID BUCHANAN
The Changing Context of Primary Care by STEPHEN PECKHAM
The Changing Political Economy of the NHS by CALUM PATON
Announcement: External Referees 2006 by M. PETER VAN DER HOEK, EDITOR
2005 Articles
Vol. 5, No. 1
Introduction by CATALINA AMUEDO-DORANTES AND JEAN KIMMEL
No Infant Left Behind: Public Finance Arguments for Mandated Leave and Income Support for Parents by EILEEN TRZCINSKI
Taxing the ‘Family’ in the Individual Income Tax Leave and Income Supports for Parents by JAMES ALM AND MIKHAIL I. MELNIK
The Effect of Flexibility in Working Hours on Fertility: A Comparative Analysis of Selected European Countries by ALFREDO ARIZA, SARA DE LA RICA AND ARANTZA UGIDOS
Postponement of Family Formation and Public Budget: An Explanation of Very Low Fertility in Spain by LUIS GARRIDO AND MIGUEL ANGEL MALO
Parents Who Won’t Pay: Expected Parental Contributions and Postsecondary Schooling by CHARLENE MARIE KALENKOSKI
Vol. 5, No. 2
Coverage: The Real ‘Old Age Crisis’ by ROGER CHARLTON AND RODDY MCKINNON
Bridging the Coverage Gap: Issues and Questions for Social Security Administrations by RODDY MCKINNON
Welfare in the European Union: Migrants in Old Age by MAHMOOD MESSKOUB
Post-Socialist Pension Reform: Contributory and Non-Contributory Approaches by KATHARINA MÜLLER
Securing Old Age: The Case for ‘Social’ Pensions in Developing Countries by MARK GORMAN
Resources for Social Development by ANTHONY CLUNIES-ROSS
Social Security Beyond Pension Reform by ROGER CHARLTON
Vol. 5, No. 3
Editor’s Introduction by AMLAN MITRA
Public Services and European Integration by PASCAL DE LIMA AND BRUNO VENTELOU
Globalization and Taxation in the OECD: Evidence from a New Indicator of Integration by AXEL DREHER
Productivity Growth in the Electric Power Industry: A Comparative Study of Japan, The United States and Korea by CHIHARU KOBAYASHI
Deregulation of the Electric Utility Industry: An Empirical Study by AMLAN MITRA
Stanislaw Rudolf (ED.), Emerging Markets: Social, Political, and Economic Challenges by AXEL DREHER
Vol. 5, No. 4
Introduction by IAN GREENER
Fiscal Autonomy and Tax Morale: Evidence from Germany by BENNO TORGLER AND JAN WERNER
The Reform of the NHS in Portugal by CATARINA DIOGO
Why Some People Go Private and Others Do Not: Supplementary Health Insurance in Spain by JOAN COSTA AND JOAN ROVIRA
Voluntary Supplementary Health Insurance in Denmark by KJELD MØLLER PEDERSEN
Globalization and Health Care Financing in India: Some Emerging Issues by GULJIT K. ARORA AND ANIL GUMBER
Challenges in the Regulation of Brazilian Private Health Insurance by CARLOS OCTÁVIO OCKÉ-REIS
Announcement: External Referees 2005 by M. PETER VAN DER HOEK, EDITOR
2004 Articles
Vol. 4, No. 1
Culture and Public Finance by MICHAEL RUSHTON
Cultural Policies and Fiscal Federalism by MICHAEL GETZNER
Dedicated Funding for Arts, Culture, and Science by CHRISTINE R. MARTELL
Government Investment in Cultural Capital: A Methodology for Comparing Direct Government Support for the Arts in the U.S. and the U.K. by GORDON E. SHOCKLEY
Vol. 4, No. 2
E-Government Finance? A Linkage Between E-Government and Public Finance
Symposium Introduction by JANE BECKETT-CAMARATA AND M. JAE MOON
Can Internet Sales be Taxed? by C. RYAN SPARKS, MELANIE G. MCCOSKEY, PH.D., CPA AND JOHN M. ALVIS
Developing E-Procurement Systems: A Case Study on the Government E-Procurement Systems in Korea by SI KYUNG SEONG AND JAE YONG LEE
Progress and Pitfalls of E-Budget Information by DONIJO ROBBINS, PHD
Enacting E-Budgeting in Mexico (1) by GABRIEL PURÓN CID AND J. RAMÓN GIL-GARCÍA
Creation and Successful Implementation of a new Budgeting and Accounting-System in Germany, with Stress on Electronic Tools (1) by JUERGEN GORNAS
Vol. 4, No. 3
Performance Management as Administrative Reform: Is it Improving Government Performance? by CAROLYN J. HEINRICH
Performance Management of U.S. Job Training Programs: Lessons from the Job Training Partnership Act by BURT S. BARNOW AND JEFFREY A. SMITH
Benchmarking Performance by PASCAL COURTY AND GERALD MARSCHKE
Improving Public Sector Performance Management: One Step Forward, Two Steps Back? by CAROLYN J. HEINRICH
Principles for the Performance Management of Public Employment Services by DAVID GRUBB
Does Administrative Reform Improve Bureaucratic Performance? A Cross Country Empirical Analysis by GENE A. BREWER
Recovering from a Tidal Wave: New Directions for Performance Management in New Zealand’s Public Sector by RICHARD NORMAN
Vol. 4, No. 4
Fiscal Federalism, Editor’s Introduction by MARIANNE VIGNEAULT
The Determinants of the Incidence of Intergovernmental Grants: A Survey of the International Experience by JAMESON BOEX AND JORGE MARTINEZ-VAZQUEZ
Do Federal Transfers Stabilize Regional Government Revenues? Evidence from Australia and Canada by PAUL BOOTHE AND IRYNA KRYVORUCHKO
Agglomeration, Population Size, and the Cost of Providing Public Services: An Empirical Analysis for German States by THIESS BUETTNER, ROBERT SCHWAGER AND DAN STEGARESCU
Federal-Cantonal Equalization in Switzerland: An Overview of the Reform in Progress by BERNARD DAFFLON
Understanding the Evolution of Constitutional Federalism: The Case of Australia by BHAJAN GREWAL AND PETER SHEEHAN
Mobility, Secession and Discrimination by MATTHIAS WREDE
Book Review of J. Patrick Gunning, “Understanding Democracy” by SANTIAGO DÍAZ DE SARRALDE MIGUEZ
Announcement: External Referees 2004 by M. PETER VAN DER HOEK, EDITOR
2003 Articles
Vol. 3, No. 1
Theory and Application of Externality Taxes: Editor’s Introduction by IAN W.H. PARRY
Taxing Hazardous Waste: The U.S. Experience by HILARY SIGMAN1
Water Pollution Taxes: A Good Idea Doomed to Failure? by JAMES BOYD*
Managing Marine Capture Fisheries with Incentive Based Price Instruments by JAMES N. SANCHIRICO
Taxes and Transport Externalities by INGE MAYERES
Environmental Taxes in Europe by THOMAS STERNER AND GUNNAR KÖHLIN
Environmental Taxes in Developing and Transition Economies by RANDALL A. BLUFFSTONE
Vol. 3, No. 2
Conceptualizing Local Economic Development: Part 1 by EDWARD J. BLAKELY
Presidential Resource Support for IRCS and DRAS: A Principal-Agent Explanation by CHRISTOPHER G. REDDICK
The New Wealth Package for Community Economic Development: Generating Value in Distressed Urban Communities by EDWARD J. BLAKELY
Entrepreneurship: Between Sustainable Development and Reality by VOJKO POTOCAN AND MATJAZ MULEJ
The ‘Art City’ as a Local Public Good: The Strategic Interplay Between Private Donors and Arts Organizations by ANGELO ANTOCI, LUCA ZARRI AND PIER LUIGI SACCO
Book Review “Providing Global Public Goods: Managing Globalization” by ROSS GITTELL
Vol. 3, No. 3
Conceptualizing Local Economic Development: Part 2 by EDWARD J. BLAKELY
A Framework for Evaluating State-Assisted Financing Programs by ROSS GITTELL AND FRED R. KAEN
Professional Sports Facilities, Franchises and Urban Economic Development by DENNIS COATES AND BRAD R. HUMPHREYS
An Examination of the Effect of Taxation As An Incentive in Revitalizing Urban Local Economic Development in Elizabeth, New Jersey by JANE BECKETT-CAMARATA
Enterprise Zones, Firm Attraction and Retention: A Study of the California Enterprise Zone Program by WILLIAM S. MOORE, PH.D.
Book Review by LAURENT GUIHÉRY
Vol. 3, No. 4
Editor\'s Introduction by ROBERT F. CONRAD
Taxation by State and Organized Crime: Harmony or Conflict?1 by MICHAEL ALEXEEV, ECKHARD JANEBA AND STEFAN OSBORNE
Fiscal Federalism in Russia: A Canadian Perspective by RICHARD M. BIRD
Fiscal Federalism in Bosnia-Herzegovina: Subsidiarity and Solidarity in a Three-Nation State by WILLIAM FOX AND CHRISTINE WALLICH
Post-crisis Fiscal Revenue Developments in Russia: From an Oil Perspective by GOOHOON KWON
Measuring Tax Effort In Central and Eastern Europe by JO BETH MERTENS
Referees 2003 by M. PETER VAN DER HOEK
2002 Articles
Vol. 2, No. 1
Public Enterprises And Privatization In East Asia: Paths, Politics and Prospects by ANTHONY B. L. CHEUNG
Transformation And Future of Public Enterprises In Continental Western Europe by JAN-ERIK LANE
Public Enterprise And Privatization In A New Century: Evolving Patterns Of Governance and Public Management by ROGER WETTENHALL AND IAN THYNNE
Globalization, Privatization And The Future Of Modern Governance: A Critical Assessment by ALI FARAZMAND
Turn-of-the-Century Change in New Zealand’s Public Enterprises by PETER MCKINLAY
Challenges For Latin American States And Public Enterprises At The Turn Of The New Millennium by JOSE GPE. VARGAS HERNANDEZ
Vol. 2, No. 2
Symposium on Anti-Poverty Programs
Introduction by MIGUEL GOUVEIA
The Impact of a “Minimum Guaranteed Income Program” in Portugal by MIGUEL GOUVEIA AND CARLOS FARINHA RODRIGUES
Vol. 2, No. 3
Editor’s Introduction by ROBERT M. MCNAB
The Strategy of Budget System Reform in Emerging Countries by JACK DIAMOND
On the Use of Budgetary Norms as a Tool for Fiscal Management by JAMES ALM AND JORGE MARTINEZ-VAZQUEZ
Assessing Options for Changing the Federal Government Budget Process by L. R. JONES AND JERRY MCCAFFERY
A History of Revenue Forecasts by MARK RIDER
The Strange Case of the Public Sector Wage Premium by UGO PANIZZA
Vol. 2, No. 4
Public Finance and Education: A Symposium
Introduction by DENNIS COATES, EDITOR
Does the Dropout Age Matter? How Mandatory Schooling Laws Impact High School Completion and School Choice by JENNIE W. WENGER
School Finance Reform and Housing Values by ERIC J. BRUNNER, JAMES MURDOCH AND MARK THAYER
School Performance Evaluation Using Data Envelopment Analysis by DENNIS C. COATES AND DOUGLAS J. LAMDIN
Improving Health Care by Linking Risk Adjustment and Condition-Specific Quality Measurement by HAROLD S. LUFT, PHD, R. ADAMS DUDLEY, MD, MBA, AND THE IMPROVING
Referees 2002 by M. PETER VAN DER HOEK
2001 Articles
Vol. 1, No. 1
Introducing a New Journal by M. PETER VAN DER HOEK
Editor's Introduction by JÜRGEN VON HAGEN
The Stability Pact and Inefficiencies in Fiscal Policy Making in EMU by KARI E.O. ALHO
Setting Medium-Term Fiscal Targets in the EMU(*) by MICHAEL J. ARTIS AND MARCO BUTI
Optimal Debt Management with a Stability and Growth Pact by ALESSANDRO MISSALE
Entry and Exit Dynamics of ‘Excessive Deficits’ in the European Union by ALI H. BAYAR
Vol. 1, No. 2
The Effects of Public Capital by RAYMOND G. BATINA
Output and Employment Effects of Public Capital by DAVID ALAN ASCHAUER
The Efficiency of Disaggregate Public Capital Provision in Japan by TOSHIHIRO IHORI AND HIROKI KONDO
Public Infrastructure Impacts on U.S. Agricultural Production: A State-Level Panel Analysis of Costs and Netput Composition by CATHERINE J. MORRISON PAUL, V. ELDON BALL, RONALD G. FELTHOVEN AND RICHARD NEHRING
Convergence of Public Capital Investment Among the United States, 1977-1996 by CHRIS ANNALA AND STEPHEN J. PEREZ
The Impact of Public Infrastructure Capital on the Private Sector of the Netherlands: An Application of the Symmetric Generalized Mcfadden Cost Function by JAN-EGBERT STURM
Public Investment and Private Sector Performance – International Evidence by ALFREDO M. PEREIRA
Vol. 1, No. 3
Introduction by ROBERT W. MCGEE
New Subjectivist Economic Theory and Public Finance by J. PATRICK GUNNING
The Calculus of Consent Revisited by WALTER BLOCK AND THOMAS J. DILORENZO
Government Financial Management Reforms: Slouching Towards the Sublime by ADRIAN T. MOORE
Dissolving the Problem of Public Goods: Financing Government without Coercive Methods by TIBOR R. MACHAN
The Ethics of Taxation by FRED E. FOLDVARY
Some Ethical Problems with Using Public Finance as a Tool for Social Engineering by ROBERT W. MCGEE
Vol. 1, No. 4
Does A Flat Rate individual Income Tax Reduce Tax Progressivity? A Simulation For The Netherlands by KOEN CAMINADA AND KEES GOUDSWAARD
Prior Financial Performance As A Predictor Of Perceived Organizational Reputation: An Empirical Examination Among Local Authorities In Israel by ABRAHAM CARMELI
An Evaluation Of Social Insurance Savings Accounts by STEFAN FÖLSTER
An Economic Assessment Of German Fiscal Equalization Schemes Since 1970: What Prospects For A Unified Germany? by LAURENT GUIHÉRY
Analysis Of The Decentralization Of Public Spending In Spain by JUAN-CARLOS MOLERO
The Changing Determinants Of State Expenditure In The United States: 1965-1992 by GARY PAINTER AND KWI-HEE BAE
Referees 20021 by M. PETER VAN DER HOEK
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