Unsticking the Flypaper Effect Using Distortionary Taxation
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The flypaper effect is a widely-documented puzzle whereby the propensity of sub-national governmental units to spend out of unconditional transfers is higher than the propensity to spend out of private income. Building on previous insights in the literature that rationalize this puzzle using costly
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美国国家经济研究局创建时间：
2016-06-01
