G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w5420
来源IDWorking Paper 5420
A Computable General Equilibrium Model of Intergovernmental Aid
Thomas J. Nechyba
发表日期1996
出版年1996
语种英语
摘要This paper introduces a computable general equilibrium model of intergovernmental relations in which heterogeneous agents (i) are endowed with income and houses, (ii) are fully mobile between multiple jurisdictions, and (iii) vote in both local and state elections to determine local property and state income tax rates. The model is calibrated to New Jersey micro tax data and used to study the general equilibrium effects of state government policies. Three different types of intergovernmental programs are analyzed: (i) redistributive revenue sharing, (ii) district power equalization and (iii) deductibility of local taxes. The approach facilitates a heretofore difficult comparative analysis in that it provides for an integrated investigation of these programs in a single general equilibrium model.
主题Public Economics ; Subnational Fiscal Issues
URLhttps://www.nber.org/papers/w5420
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/562878
推荐引用方式
GB/T 7714
Thomas J. Nechyba. A Computable General Equilibrium Model of Intergovernmental Aid. 1996.
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