TY  - BOOK
AU  - Cerniglia Floriana
AU  - Longaretti Riccarda
TI  - Federalism, education-related public good and growth when agents are heterogeneous
SN  - 09318658
AV  - HB171.5 JOU 
PY  - 2013///
CY  - Heidelberg
PB  - Springer
KW  - Fiscal federalism
KW  - Overlapping generations
KW  - Heterogeneous agents
N2  - In this paper we use an endogenous-growth model with human capital and heterogeneous agents to analyse the relationship between fiscal federalism and economic growth. The results show that federalism, which allows education-related public good levels to be tailored to the local distribution of human capital, increases human capital accumulation. This in turn leads to higher rates of growth. The benefits of federalism are stronger, the larger the intra-jurisdiction variance of agents’ human capital
UR  - 10.1007/s00712-012-0298-0
ER  -