Soft Budget Constraints, Taxes, and the Incentive to Cooperate
收藏NBER1990-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w3561
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资源简介：
This paper considers an economy where the macroeconomic equilibrium is the outcome of the conduct of an administration, consisting of a large number of decision makers whose horizon is uncertain, being endogenously determined by their behavior. Limited monitoring enables each decision maker to
提供机构：
美国国家经济研究局
创建时间：
1990-12-01
