Professor Hallwood’s Research with Professor MacDonald Elicits Strong Reactions in the UK

Faculty member Professor Paul Hallwood‘s work on fiscal federalism is recognized in a retrospecitive article as attracting “intensive political scutiny” in the on going debate on fiscal devolution in the UK, downward from the Westminster Parliament to the Scottish Parliament.  His original work appeared in the book New Wealth for Old Nations (Diane Coyle et al. eds, Princeton University Press, 2005) alongside papers by Paul Krugman, William Baumol, Edward Glaeser, James Heckman and others. Whether to include a question on fiscal autonomy in the upcoming referendum on Scottish independence is still being discussed by British politicians.

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