Fiscal Institutions and Wage Bargaining in the Local Public Sector
理论分析了地方公共部门不同工资设定和融资体系的特性，比较了地方税收融资与中央拨款融资两种制度，发现中央融资下的工资结果取决于中央与地方预算博弈的顺序。
In a theoretical analysis of the properties of different wage setting and financing systems in the local public sector, two financing systems are considered. A benchmark model with local financing through local taxes is compared with a system of centralized financing through grants, where taxes are decided at the national level. It is shown that the wage outcomes under centralized financing depend heavily on the order of moves in the budgetary game between the central and local levels.