| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP3902 |
| DP3902 The Elusive Gains from International Financial Integration | |
| Olivier Jeanne; Pierre-Olivier Gourinchas | |
| 发表日期 | 2003-05-25 |
| 出版年 | 2003 |
| 语种 | 英语 |
| 摘要 | We model an international union as a group of countries deciding together on the provision of public goods or policies that generate spillovers across members. The trade-off between benefits of coordination and loss of independent policy-making endogenously determines size, composition and scope of the union. Policy uniformity reduces the union?s size, may block enlargement processes and induce excessive centralization. We study flexible rules with non-uniform policies that reduce these inefficiencies focusing on arrangements relevant in the context of existing unions or federal states, like enhanced cooperation, subsidiarity, federal mandates and earmarked grants. |
| 主题 | International Macroeconomics |
| 关键词 | Federalism Political economy European union International unions |
| URL | https://cepr.org/publications/dp3902 |
| 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/532899 |
| 推荐引用方式 GB/T 7714 | Olivier Jeanne,Pierre-Olivier Gourinchas. DP3902 The Elusive Gains from International Financial Integration. 2003. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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