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theoretical papers, these methods did not attract much attention in the economics literature until recently. Starting in the late … 1990s, there has been a large number of studies in economics applying and extending RD methods. In this paper we review …
Persistent link: https://www.econbiz.de/10012465622
We present the first fully closed general equilibrium model of hierarchical and local public goods economies with the following features: (i) multiple agent types who are endowed with both some amount of private good (income) and a house, who are mobile between houses and jurisdictions, and who...
Persistent link: https://www.econbiz.de/10012473463