Tradable Deficit Permits: Efficient Implementation of the Stability Pacin the European Monetary Union
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下载链接：
https://www.nber.org/papers/w7278
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资源简介：
Borrowing from the experience of environmental markets, this paper proposes a system of tradable deficit permits as an efficient mechanism for implementing fiscal constraints in the European Monetary Union: having chosen an aggregate target for the Union and an initial distribution of permits, EMU
提供机构：
美国国家经济研究局
创建时间：
1999-08-01
