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...

詳細記述

書誌詳細
団体著者: International Monetary Fund
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 1990.
シリーズ:IMF Working Papers; Working Paper ; No. 1990/010
オンライン・アクセス:Full text available on IMF