Showing 1 - 10 of 22,402
Persistent link: https://www.econbiz.de/10011441029
allocations under various frictions, including risk and private information. In addition, implementation relies on the issue and …
Persistent link: https://www.econbiz.de/10010246055
Persistent link: https://www.econbiz.de/10010463958
Persistent link: https://www.econbiz.de/10001400282
Borrowing from the experience of environmental markets, this paper proposes a system of tradable deficit permits as an efficient mechanism for implementing fiscal constraints in the European Monetary Union: having chosen an aggregate target for the Union and an initial distribution of permits,...
Persistent link: https://www.econbiz.de/10012471505
allocations under various frictions, including risk and private information. In addition, implementation relies on the issue and …
Persistent link: https://www.econbiz.de/10013057655
Persistent link: https://www.econbiz.de/10014559210
Borrowing from the experience of environmental markets, this paper proposes a system of tradable deficit permits as an efficient mechanism for implementing fiscal constraints in the European Monetary Union: having chosen an aggregate target for the Union and an initial distribution of permits,...
Persistent link: https://www.econbiz.de/10013226991
Persistent link: https://www.econbiz.de/10015075864
Persistent link: https://www.econbiz.de/10010257059