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Inefficiencies from Metropolitan Political and Fiscal Decentralization: Failures of Tiebout Competition

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NBER2011-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w17251
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资源简介:
We examine the welfare effects of provision of local public goods in an empirically relevant setting using a multi-community model with mobile and heterogeneous households, and with flexible housing supplies. We characterize the first-best allocation and show efficiency can be implemented with
提供机构:
美国国家经济研究局
创建时间:
2011-07-01
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