Externalities. Incentives, and Economic Reforms.
The paper emphasizes the role of institutions and incentives in the presence of externalities. An economy with multiple public decision makers is likely to experience 'overspending,' 'undertaxing,' 'overborrowing,' and 'overinflation' unless effective institut...
| مؤلف مشترك: | |
|---|---|
| التنسيق: | دورية |
| اللغة: | English |
| منشور في: |
Washington, D.C. :
International Monetary Fund,
1990.
|
| سلاسل: | IMF Working Papers; Working Paper ;
No. 1990/010 |
| الوصول للمادة أونلاين: | Full text available on IMF |