“Fiscal Federalism, Jurisdictional Competition, and the Size of Government”

This paper of mine is now available online in Constitutional Political Economy. It empirically investigates competing theories of how fiscal federalism constrains government. The main conclusion is that different federal systems conform roughly to different theoretical models, with the U.S. – a bit surprisingly – coming closest to “market-preserving federalism.” Some of the early findings from this paper were blogged here at Pileus some time ago.