A Computable General Equilibrium Model of Intergovernmental Aid
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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
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美国国家经济研究局创建时间:
1996-01-01



