Interregional redistribution and budget institutions with private information on intergenerational externality

DOI10.1007/S10058-019-00225-ZMaRDI QIDQ2299464zbMATH OpenOpenAlexWikidataFDO

Authors Darong Dai, Liqun Liu, Guoqiang Tian

Publication date 21 February 2020

Published in Review of Economic Design (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s10058-019-00225-z

zbMATH Keywords

asymmetric informationborrowing rulesintergenerational public goodsinterregional redistributionregional debt

Mathematics Subject Classification ID

Public goods (91B18) Macroeconomic theory (monetary models, models of taxation) (91B64)

Recommendations

• Optimal interregional redistribution and local budget rules with multidimensional heterogeneity
• Income redistribution and public good provision: an experiment
• Inequality-averse principal, exogenous budget, and second-best public-goods provision
• Externality and information asymmetry in the production of local public goods
• Coordinating intergenerational redistribution and the repayment of public debt: an experimental test of Tabellini (1991)
• Capitalization, decentralization, and intergenerational spillovers in a tiebout economy with a durable public good
• Public Provision of Private Goods as a Redistributive Device in an Optimum Income Tax Model
• Private value allocations in large economies with differential information
• Optimal-in-expectation redistribution mechanisms

Cites work

• A mechanism design approach to allocating central government funds among regional development agencies
• Capitalization, decentralization, and intergenerational spillovers in a tiebout economy with a durable public good
• Inter-jurisdiction migration and the fiscal policies of local governments
• Optimal regional insurance provision: do federal transfers complement local debt?
• The effect of spillovers on the provision of local public goods

Cited in

(6)

• Inter-jurisdiction migration and the fiscal policies of local governments
• Optimal regional insurance provision: do federal transfers complement local debt?
• Coordinating intergenerational redistribution and the repayment of public debt: an experimental test of Tabellini (1991)
• Interregional redistribution and mobility in federations: a positive approach
• Optimal interregional redistribution and local budget rules with multidimensional heterogeneity
• Interregional spillovers and optimal budget institutions under asymmetric information

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