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  1. The Effect of the Housing Crisis on the Finances of Central Cities

    Documentos de trabajo
    Junio 2017
    Howard Chernick, Andrew Reschovsky, and Sandra Newman

    Many 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...

  2. Transition to the Property Tax in China

    A Dynamic General Equilibrium Analysis
    Documentos de trabajo
    Mayo 2017
    David Dale-Johnson and Guozhong Zhu

    We 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...

  3. Where do Property Rights Matter More?

    Explaining the Variation in Demand for Property Titles across Cities in Mexico
    Documentos de trabajo
    Mayo 2017
    Paavo Monkkonen

    Existing 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...

  4. Indicadores de Gestão Fiscal e de Qualidade do Gasto nos Municípios Brasileiros

    Impactos da Lei de Responsabilidade Fiscal nas Prefeituras
    Documentos de trabajo
    Mayo 2017
    José Roberto Rodrigues Afonso, Kleber Pacheco de Castro, Marcos Hecksher, Alexandre Sobreira Cialdini, and Fabrício Marques Santos

    Com 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...

  5. Prevención de asentamientos informales a través políticas de expansión urbana de lotificación con servicios para familias de bajos ingresos

    El caso de León Sureste, Nicaragua
    Documentos de trabajo
    Mayo 2017
    Marc Pérez Casas and Francesc Magrinyà Torner

    La 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...

  6. The Impact of Industrial Diversification and Clustering on the Volatility of City Budgets

    Documentos de trabajo
    Mayo 2017
    Michael Overton and Robert Bland

    Budget 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...

  7. Measuring the Fiscal Health of Municipalities

    Documentos de trabajo
    Mayo 2017
    Bruce McDonald III

    One 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...

  8. Exploring the Linkage between Economic Base, Revenue Growth, and Revenue Stability in Large Municipal Governments

    Documentos de trabajo
    Mayo 2017
    Michael Overton and Robert Bland

    The 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...

  9. Financial Sustainability Index

    A Self-Assessment Tool for Financial Sustainability
    Documentos de trabajo
    Mayo 2017
    Shayne Kavanagh, Mark Pisano, Shui Yan Tang, Michael F. McGrath, Doug Linkhart, Monika Hudson, and Erik Colon

    The 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...

  10. A Framework for a Financial Sustainability Index

    Documentos de trabajo
    Abril 2017
    Shayne Kavanagh, Mark Pisano, Shui Yan Tang, Michael F. McGrath, Doug Linkhart, Monika Hudson, and Erik Colon

    In 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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