Unfolding the Flypaper : The Effects of Intergovernmental Grants in an Open Local Economy.
Empirical studies of the effects of intergovernmental grants to localities do not support standard microeconomic predictions. Block grants have surprisingly large positive effects on public expenditures. Researchers have attributed this 'flypaper effect' to imperfect information (fiscal il...
| Համատեղ հեղինակ: | |
|---|---|
| Ձևաչափ: | Ամսագիր |
| Լեզու: | English |
| Հրապարակվել է: |
Washington, D.C. :
International Monetary Fund,
1989.
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| Շարք: | IMF Working Papers; Working Paper ;
No. 1989/058 |
| Առցանց հասանելիություն: | Full text available on IMF |