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来源类型Working Paper
规范类型报告
DOI10.3386/w28558
来源IDWorking Paper 28558
Migration and Redistribution: Federal Governance of an Economic Union Matters
Assaf Razin; Efraim Sadka
发表日期2021-03-15
出版年2021
语种英语
摘要Both the U.S. and the EU are an economic union: There is a single market for goods, capital, finance, and labor. That is, there is free mobility of goods and services, physical and financial capital, and labor among the member countries of the union. Nevertheless, there is much higher degree of economic policy coordination among the member states of the U.S than of the EU. We argue, by using a model of a union exhibiting migration-based fiscal externality, that the degree of coordination among the member states potentially contribute a great deal to our understanding of observed policy differences between the EU and the US as economic unions: the generosity of the welfare state and the skill composition of migration.
主题International Economics ; Public Economics ; Subnational Fiscal Issues
URLhttps://www.nber.org/papers/w28558
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/586230
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Assaf Razin,Efraim Sadka. Migration and Redistribution: Federal Governance of an Economic Union Matters. 2021.
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