An Efficiency Rationale for Expenditure Equalization
This paper provides an efficiency rationale for expenditure equalization in federations. It does so by developing a fiscal federalism model with two citizen types; immobile non-workers and mobile workers. Three decision-makers, a federal transfer authority and two states, play a game as Nash compe...
| Main Authors: | , |
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| Format: | Working Paper |
| Published: |
Centre for Research in Applied Economics
2013
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| Subjects: | |
| Online Access: | http://hdl.handle.net/20.500.11937/23544 |