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The Effect of the Housing Crisis on the Finances of Central Cities
Documentos de trabajoJunio 2017Howard Chernick, Andrew Reschovsky, and Sandra NewmanMany American central cities are still recovering from sharp declines in revenues resulting from the Great Recession and from a collapse in housing prices and an unprecedented surge in mortgage...
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Transition to the Property Tax in China
A Dynamic General Equilibrium AnalysisDocumentos de trabajoMayo 2017David Dale-Johnson and Guozhong ZhuWe use the dynamic general equilibrium approach to examine the potential impacts of the introduction of alternative tax regimes in China. This approach models housing demand and supply based on the...
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Where do Property Rights Matter More?
Explaining the Variation in Demand for Property Titles across Cities in MexicoDocumentos de trabajoMayo 2017Paavo MonkkonenExisting empirical research has established that stronger legal claims to property in urban areas have significant market value, but previous studies examine this question in a single city or market...
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Indicadores de Gestão Fiscal e de Qualidade do Gasto nos Municípios Brasileiros
Impactos da Lei de Responsabilidade Fiscal nas PrefeiturasDocumentos de trabajoMayo 2017José Roberto Rodrigues Afonso, Kleber Pacheco de Castro, Marcos Hecksher, Alexandre Sobreira Cialdini, and Fabrício Marques SantosCom o intuito de tentar captar o comportamento incentivado pela LRF no âmbito dos governos locais, este trabalho visou construir e analisar indicadores de performance para observar a tend...
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Prevención de asentamientos informales a través políticas de expansión urbana de lotificación con servicios para familias de bajos ingresos
El caso de León Sureste, NicaraguaDocumentos de trabajoMayo 2017Marc Pérez Casas and Francesc Magrinyà TornerLa ciudad de León, en Nicaragua, desarrolla desde 1998 un innovador proyecto de expansión urbana a través de un capital semilla, otorgado por la municipalidad de Utrecht, para la...
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The Impact of Industrial Diversification and Clustering on the Volatility of City Budgets
Documentos de trabajoMayo 2017Michael Overton and Robert BlandBudget volatility—the difference between expected and actual revenues and expenditures—is a critical component to sustaining a local government’s fiscal health. While scholars have...
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Measuring the Fiscal Health of Municipalities
Documentos de trabajoMayo 2017Bruce McDonald IIIOne of the difficulties faced in the effective and efficient management of public organizations is the understanding of when the organization is experiencing financial distress. Administrators and...
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Exploring the Linkage between Economic Base, Revenue Growth, and Revenue Stability in Large Municipal Governments
Documentos de trabajoMayo 2017Michael Overton and Robert BlandThe Great Recession had far-reaching consequences for the fiscal health of municipal governments. The deeply weakened economy has undermined the capacity of local governments to meet their financial...
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Financial Sustainability Index
A Self-Assessment Tool for Financial SustainabilityDocumentos de trabajoMayo 2017Shayne Kavanagh, Mark Pisano, Shui Yan Tang, Michael F. McGrath, Doug Linkhart, Monika Hudson, and Erik ColonThe Financial Sustainability Index is a companion document to the Financial Sustainability Framework. Both the Framework and the Index are built around six Leadership Strategies and eight...
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A Framework for a Financial Sustainability Index
Documentos de trabajoAbril 2017Shayne Kavanagh, Mark Pisano, Shui Yan Tang, Michael F. McGrath, Doug Linkhart, Monika Hudson, and Erik ColonIn order to navigate the many challenges local governments face today, leaders will need new and better systems of governance and decision making. These new systems must help government meet its...
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