| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP993 |
| DP993 Fiscal Constraints and the Speed of Transition | |
| Fabrizio Coricelli; Bankim Chadha | |
| 发表日期 | 1994-07-31 |
| 出版年 | 1994 |
| 语种 | 英语 |
| 摘要 | This paper develops a model of the process of reallocation of resources from a declining state sector to an expanding private sector. The transition is shown to be costly in that it entails unemployment and a deterioration of the fiscal balance. The interaction of fiscal constraints with the transition process is examined. It is shown that fiscal constraints may induce the government to maintain the state sector, slowing the speed of transition, and could jeopardize the eventual outcome of the process of restructuring. |
| 主题 | International Macroeconomics |
| 关键词 | Fiscal constraints Restructuring Transition Unemployment |
| URL | https://cepr.org/publications/dp993 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530136 |
| 推荐引用方式 GB/T 7714 | Fabrizio Coricelli,Bankim Chadha. DP993 Fiscal Constraints and the Speed of Transition. 1994. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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