@misc{FeldSchnellenbach, author = {Feld, Lars P. and Schnellenbach, Jan}, title = {Fiscal Federalism and Macroeconomic Performance: A Survey of Recent Research}, series = {Environment and Planning - Government and Policy}, volume = {29}, journal = {Environment and Planning - Government and Policy}, number = {2}, issn = {1472-3425}, doi = {10.1068/c1054r}, pages = {224 -- 243}, abstract = {In this paper, we offer both a broad survey of the literature on fiscal federalism and long-run economic performance, and a detailed report of some of our own recent studies in this field. We look at the difference between study types (cross-country versus single-country studies), and at the relevance of the broader institutional framework into which fiscal decentralization is embedded. We also look into structural change and intergovernmental transfers as a detailed mechanism through which federalism may have an impact on aggregate economic performance.It turns out that fiscal decentralization has no robust effect on growth, but the evidence hints at a positive effect on overall productivity, conditional on the broader institutional framework.}, language = {en} }