Is It Is or Is It Ain't My Obligation? Regional Debt in a Fiscal Federation
收藏NBER2005-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w11655
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资源简介：
This paper studies the repayment of regional debt in a multi-region economy with a central authority: who pays the obligation issued by a region? With commitment, a central government will use its taxation power to smooth distortionary taxes across regions. Absent commitment, the central government
提供机构：
美国国家经济研究局
创建时间：
2005-10-01
