Template-Type: ReDIF-Paper 1.0
Author-Name: Massimo Bordignon
Author-X-Name-First: Massimo
Author-X-Name-Last: Bordignon
Author-Email: massimo.bordignon@unicatt.it
Author-Workplace-Name: DISCE, Università Cattolica
Author-Name: Santino Piazza
Author-X-Name-First: Santino
Author-X-Name-Last: Piazza
Author-Email: piazza@ires.piemonte.it
Author-Workplace-Name: DISCE, Università Cattolica
Title: Who do you blame in local finance? An analysis of municipal financing in Italy 
Abstract: A 1999 reform allowed Italian Mayors to partially substitute a more
accountable source of tax revenue (the property tax) with a less trans-
parent one (a surcharge on the personal income tax). Theoretical anal-
ysis suggests this should give incompetent Mayors a less costly way to
hide themselves, so allowing them to be more easily re-elected. An em-
pirical analysis on Piedmont municipalities conrms these hypotheses.
Length: 51
Creation-Date: 2010-05
File-URL: http://www.unicatt.it/Istituti/EconomiaFinanza/Quaderni/ief0094.pdf
File-Format: Application/pdf
File-Function: First version, 2010
Number: ief0094
Classification-JEL: H71, H77, D78
Keywords: Partial decentralization, fiscal federalism, transparency, political behavior.
Handle: RePEc:ctc:serie3:ief0094