| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP1097
|
| DP1097 Coverage by Incremental Scales |
| Alison Booth; Jeff Frank
|
| 发表日期 | 1994-12-31
|
| 出版年 | 1994
|
| 语种 | 英语
|
| 摘要 | Regional flows of federal taxes and transfers within the United States and Canada are used to analyse long-term fiscal flows (the redistributive element) and short-term responses to regional business cycles (the stabilization element). In the United States, long-run flows amount to 22 cents in the dollar while the stabilization effect is 31 cents in the dollar. In Canada the redistributive effect is larger (39 cents) and the stabilization effect smaller (17 cents). Federal flows appear to depend on the institutional structure of the country concerned. In both countries, however, the redistributive element is considerably larger than the amounts involved in the EC Structural Funds programme. As for stabilization, national fiscal policies in the EC appear to have been as effective as federal governments in the United States and Canada in cushioning shocks to incomes. |
| 主题 | International Macroeconomics
|
| 关键词 | Fiscal policy
Monetary union
|
| URL | https://cepr.org/publications/dp1097
|
| 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/530232
|
推荐引用方式
GB/T 7714 |
Alison Booth,Jeff Frank. DP1097 Coverage by Incremental Scales. 1994.
|
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