On Fiscal Illusion and Ricardian Equivalence in Local Public Finance
收藏NBER2012-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w18040
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资源简介：
We re-evaluate two forms of fiscal illusion in local public finance: debt illusion and renter illusion. The Ricardian Equivalence Theorem for local governments suggests the form of finance of a public program (tax or debt finance) has no effects on substantive outcomes. For the local case, this
提供机构：
美国国家经济研究局
创建时间：
2012-05-01
