G2TT
来源类型Discussion paper
规范类型论文
来源IDDP1123
DP1123 On the Evolution of Credibility and Flexible Exchange Rate Target Zones
Mark Salmon; Renzo Avesani; Giampiero M Gallo
发表日期1995-02-28
出版年1995
语种英语
摘要The paper studies the political and economic determinants of inter-regional public transfers. It points to an important difference between two alternative federal fiscal constitutions. The paper shows that inter-regional transfers can be determined either by a federation-wide vote over a centralized social insurance system, or by bargaining over intergovernmental transfers. When regions are asymmetric, the federal social insurance system leads to a larger fiscal programme.
主题International Macroeconomics
关键词Fiscal federalism Redistribution Voting
URLhttps://cepr.org/publications/dp1123
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/530267
推荐引用方式
GB/T 7714
Mark Salmon,Renzo Avesani,Giampiero M Gallo. DP1123 On the Evolution of Credibility and Flexible Exchange Rate Target Zones. 1995.
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