Data and Code for: The Dynamic Response of Municipal Budgets to Revenue Shocks
Principal Investigator(s): View help for Principal Investigator(s) Ines Helm, LMU Munich; Jan Stuhler, Universidad Carlos III de Madrid
Version: View help for Version V1
| Name | File Type | Size | Last Modified |
|---|---|---|---|
| Rawdata | 12/22/2023 12:12:PM | ||
| data | 07/24/2023 11:16:AM | ||
| do | 08/28/2024 05:01:AM | ||
| log | 12/22/2023 08:34:AM | ||
| orig | 12/22/2023 08:42:AM | ||
|
|
application/pdf | 324 KB | 08/28/2024 01:07:AM |
Project Citation:
Helm, Ines, and Stuhler, Jan. Data and Code for: The Dynamic Response of Municipal Budgets to Revenue Shocks. Nashville, TN: American Economic Association [publisher], 2024. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2024-08-29. https://doi.org/10.3886/E192924V1
Project Description
Summary:
View help for Summary
We study the fiscal and tax response to intergovernmental grants, exploiting quasi-experimental variation within Germany’s fiscal equalization scheme triggered by Census revisions of population counts. Municipal budgets do not adjust instantly. Instead, spending and investments adapt within five years to revenue gains, while the adjustment to losses is more rapid. Yet, the long-run response is symmetric. The tax response is particularly slow, stretching over more than a decade. Well-known empirical “anomalies” such as the so-called flypaper effect may thus reflect a short-run phenomenon, while long-run fiscal behavior appears more consistent with standard theories of fiscal federalism.
Funding Sources:
View help for Funding Sources
Thyssen Foundation;
Ministerio de Ciencia e Innovación;
Comunidad de Madrid
Scope of Project
Subject Terms:
View help for Subject Terms
fiscal federalism;
intergovernmental grants;
fiscal equalization;
government spending;
local taxation;
census shock;
flypaper effect
JEL Classification:
View help for JEL Classification
E62 Fiscal Policy
H71 State and Local Taxation, Subsidies, and Revenue
H72 State and Local Budget and Expenditures
H77 Intergovernmental Relations; Federalism; Secession
E62 Fiscal Policy
H71 State and Local Taxation, Subsidies, and Revenue
H72 State and Local Budget and Expenditures
H77 Intergovernmental Relations; Federalism; Secession
Geographic Coverage:
View help for Geographic Coverage
Germany
Time Period(s):
View help for Time Period(s)
1983 – 2000
Collection Date(s):
View help for Collection Date(s)
9/1/2018 – 9/30/2018 (main data has been initially collected around September 2018)
Universe:
View help for Universe
municipalities in Bavaria, Baden-Wuerttemberg, Hessia, North-Rhine Westphalia, Lower Saxony
Data Type(s):
View help for Data Type(s)
administrative records data;
aggregate data
Related Publications
Published Versions
Report a Problem
Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.
This material is distributed exactly as it arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.