Optimal interregional redistribution and local budget rules with multidimensional heterogeneity

DOI10.1007/S10058-022-00291-WzbMATH Open1518.91180OpenAlexW4226071635MaRDI QIDQ6156330FDOQ6156330

Authors: Darong Dai, Guoqiang Tian 

Publication date: 13 June 2023

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

Full work available at URL: https://doi.org/10.1007/s10058-022-00291-w

Recommendations

• Interregional redistribution and budget institutions with private information on intergenerational externality
• Interregional redistribution and mobility in federations: a positive approach
• Optimal taxation and intergovernmental transfer in a dynamic model with multiple levels of government.
• Optimal fiscal policy with redistribution
• Optimal regional insurance provision: do federal transfers complement local debt?

zbMATH Keywords

debt limitmechanism designheterogeneous time preferencesdebt floordurable public goodsintergovernmental grants

Mathematics Subject Classification ID

Public goods (91B18) Spatial models in economics (91B72) Mechanism design theory (91B03)

Cites Work

• Ironing, Sweeping, and Multidimensional Screening
• Inter-jurisdiction migration and the fiscal policies of local governments
• Interregional redistribution and budget institutions with private information on intergenerational externality
• Capitalization, decentralization, and intergenerational spillovers in a tiebout economy with a durable public good
• A mechanism design approach to allocating central government funds among regional development agencies

Cited In (5)

• The hierarchy of public governance: resource allocation versus bureaucratic inefficiency
• Interregional redistribution and mobility in federations: a positive approach
• Optimal regional insurance provision: do federal transfers complement local debt?
• Bilevel optimization problems of distribution of interbudgetary transfers under given limitations
• Interregional redistribution and budget institutions with private information on intergenerational externality

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