El Impacto del descenso en los Tipos de Interés sobre el margen financiero de las Cajas de Ahorros españolas

  1. González, Pablo Alonso 1
  2. Lozano, Irene Albarrán 1
  3. Khalil, Andrea Giuliodori 2
  1. 1 Facultad de Estudios Empresariales y Turismo, Universidad de Extremadura
  2. 2 Facultad de Ciencias Económicas, Universidad Nacional de Córdoba
Journal:
Revista de economía y estadística

ISSN: 0034-8066

Year of publication: 2006

Volume: 44

Issue: 1

Pages: 98-136

Type: Article

More publications in: Revista de economía y estadística

Abstract

The new financing system of the Common Autonomous Communities (2002) has meant an important rise of their tax powers (tax copartnership). Also, a new system of intergovernmental grants has been applied with the objective to assure the financial sufficiency of the Spanish Autonomous Communities. This new model is implanted when all the Autonomous Communities have reached their highest powers, according to the Spanish Constitution (1978), and a stable and integrated financing system was designed. Already known the first results of the model (2002 and 2003), in this paper the advances in financial sufficiency and equalization are analyzed, and we offer some conclusions regarding the main unfinished questions.