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...
| Awdur Corfforaethol: | |
|---|---|
| Fformat: | Cylchgrawn |
| Iaith: | English |
| Cyhoeddwyd: |
Washington, D.C. :
International Monetary Fund,
1990.
|
| Cyfres: | IMF Working Papers; Working Paper ;
No. 1990/010 |
| Mynediad Ar-lein: | Full text available on IMF |