Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10012420471
This paper re-examines the question of whether federal ex-post redistribution in terms of public funds leads to under-provision of public goods when member states may leave the economic federation. We show that federal ex-post redistribution under a binding participation constraint does not...
Persistent link: https://www.econbiz.de/10011077774