Optimal interregional redistribution and local budget rules with multidimensional heterogeneity

DOI10.1007/S10058-022-00291-WMaRDI QIDQ6156330zbMATH OpenOpenAlexFDO

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

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)

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?

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
• Interregional redistribution and budget institutions with private information on intergenerational externality
• Ironing, Sweeping, and Multidimensional Screening

Cited in

(5)

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

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