Politics and Efficiency of Separating Capital and Ordinary Government Budgets
收藏NBER2005-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w11030
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资源简介：
We analyze the democratic politics of a rule that separates capital and ordinary account budgets and allows the government to issue debt to finance capital items only. Many national governments followed this rule in the 18th and 19th centuries and most U.S. states do today. This simple 1800s
提供机构：
美国国家经济研究局
创建时间：
2005-01-01
