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https://hdl.handle.net/10419/20257
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DC Field | Value | Language |
---|---|---|
dc.contributor.author | Cattoir, Philippe | en |
dc.contributor.author | Docquier, Frédéric | en |
dc.date.accessioned | 2009-01-28T16:12:47Z | - |
dc.date.available | 2009-01-28T16:12:47Z | - |
dc.date.issued | 2004 | - |
dc.identifier.uri | http://hdl.handle.net/10419/20257 | - |
dc.description.abstract | This paper investigates one of the most important financial issues arising from a secession ora country partitioning namely the sharing of the national public debt. Extending Dr?ze'sdistributive neutrality condition, we use the generational accounting technique and propose adynamic debt-sharing criterion which takes into account both the true debt future generationsinherit and their contributive capacity. The equivalence with Dr?ze's static rule is onlyobtained on the balanced growth path, and in the absence of initial regional debt. Anapplication of our criterion to the Belgian case offers striking results. | en |
dc.language.iso | eng | en |
dc.publisher | |aInstitute for the Study of Labor (IZA) |cBonn | en |
dc.relation.ispartofseries | |aIZA Discussion Papers |x1022 | en |
dc.subject.jel | H77 | en |
dc.subject.jel | H60 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | public debt | en |
dc.subject.keyword | secession | en |
dc.subject.keyword | generational accounting | en |
dc.subject.stw | Öffentliche Schulden | en |
dc.subject.stw | Finanzausgleich | en |
dc.subject.stw | Separatismus | en |
dc.subject.stw | Intergenerative Belastungsrechnung | en |
dc.subject.stw | Schätzung | en |
dc.subject.stw | Belgien | en |
dc.title | Population Prospects and the Determination of a Debt-Sharing Rule between Seceding Regions | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 379327139 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
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