Should Transfer Payments Be Indexed to Local Price Levels?
收藏NBER1996-05-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w5598
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资源简介:
This paper examines the optimal location-based redistribution policy and shows that adjustment for local price levels is occasionally optimal, but never for the reasons suggested by the popular press. First, the existence of a spatial equilibrium suggests that utility levels will be equalized across
提供机构:
美国国家经济研究局
创建时间:
1996-05-01



