More Autonomy for Federal States: Approaches to a Far-Reaching Reform of Federal-Länder Financial Relations

Lars P. Feld, University of Freiburg and Walter-Eucken-Institut, Freiburg, and Jan Schnellenbach, Walter-Eucken-Institut, Freiburg, and University of Heidelberg, formulate a reform proposal that redesigns fiscal equalisation to make it far more incentive oriented.