Man walking down the stairs.
Economics
Research insight
May 13, 2021

Reforming local governance: fiscal federalism and political accountability

Abstract:

This thesis explores three reforms implemented in Portugal to obtain causal inference about the manifold impacts of the rules that shape local government behavior. The first chapter focuses on the electoral response to a property tax reform, aiming to promote a higher degree of decentralization and autonomy of municipalities. The second chapter tests the hypothesis of tax capitalization by exploring an unexpected reduction in the upper bound of the property tax rate. The last chapter - using an original dataset on mayors' characteristics - exploits a recent reform introducing mayoral term limits to identify its causal impact on political selection.

This PhD Dissertation was presented by Ana Catarina Alvez as part of the requirements for the Degree of Doctor of Philosophy in Economics. You can access the paper here.

Ana Catarina Silva Alvarez

Ana Catarina Silva Alvarez

Nova SBE PhD Alumna

Website
16. Peace, justice and strong institutions
Economics
Opinion Article
SDG
8

Trust, complementarity, and commitment

In a few years, all companies that survive will be more innovative, more agile, more focused on their purpose, more sustainable. In a word, it will be a new organizational culture for the future.

Learn more
Man and Woman with computer and credit card.
Economics
Research insight
SDG
8

Essays on the impacts of credit ratings

In his PhD thesis, Mário Meira examines the impact of credit ratings across several dimensions.

Learn more
Economics
Opinion Article
SDG
8

Corona, an Economic Virus

As it is noticeable, we have just entered a downturn cycle in the economy. The uncertainty on the markets, the general panic, sudden decrease in consumption,production, and investment are primary presages of dark economic times, and it is up to all of us to prepare for the upcoming storm. The next months won’t be easy, and irreversible economic losses have already contributed to an impending feasible collapse in the global economy.

Learn more