Optimal regional insurance provision : do federal transfers complement local debt?
Alternative title: | Optimal regional insurance provision under privately observable shocks |
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Year of publication: |
2022
|
Authors: | Dai, Darong ; Huang, Weige ; Liu, Liqun ; Tian, Guoqiang |
Subject: | Asymmetric information | Intergenerational spillover | Intergovernmental transfer | Local government debt | Mechanism design | Regional economic shocks | Finanzausgleich | Intergovernmental transfers | Theorie | Theory | Schock | Shock | Asymmetrische Information | Finanzbeziehungen | Fiscal relations | Öffentliche Schulden | Public debt | Spillover-Effekt | Spillover effect | Kommunalverschuldung | Municipal debt |
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