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Through an intertemporal budget constraint, jurisdictions may gain advantages in tax and spending competition by 'competing' on debt. While the existing spatial econometric literature focuses on tax and spending competition, very little is known about spatial interaction via public debt. This...
Persistent link: https://www.econbiz.de/10010233999
Through an intertemporal budget constraint, jurisdictions may gain advantages in tax and spending competition by 'competing' on debt. While the existing spatial econometric literature focuses on tax and spending competition, very little is known about spatial interaction via public debt. This...
Persistent link: https://www.econbiz.de/10010238832
Through an intertemporal budget constraint, jurisdictions may gain advantages in tax and spending competition by 'competing' on debt. While the existing spatial econometric literature focuses on tax and spending competition, very little is known about spatial interaction via public debt. This...
Persistent link: https://www.econbiz.de/10010485958
Persistent link: https://www.econbiz.de/10011479017
Through an intertemporal budget constraint, jurisdictions may gain advantages in tax and spending competition by 'competing' on debt. While the existing spatial econometric literature focuses on tax and spending competition, very little is known about spatial interaction via public debt. This...
Persistent link: https://www.econbiz.de/10013060312
Persistent link: https://www.econbiz.de/10001346280
Persistent link: https://www.econbiz.de/10000951887
Persistent link: https://www.econbiz.de/10001287686
The recent rise in price pressures around the world has reignited interest in understanding how inflation transmits to … the real economy. Economists have long recognized that unexpected surges of inflation can redistribute wealth from …, which we call the debt-inflation channel, is well understood theoretically (for example, Gomes, Jermann, and Schmid 2016 …
Persistent link: https://www.econbiz.de/10014346716
Persistent link: https://www.econbiz.de/10001202967