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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP1123 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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