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dc.contributor.authorCattoir, Philippeen_US
dc.contributor.authorDocquier, Frédéricen_US
dc.date.accessioned2009-01-28T16:12:47Z-
dc.date.available2009-01-28T16:12:47Z-
dc.date.issued2004en_US
dc.identifier.urihttp://hdl.handle.net/10419/20257-
dc.description.abstractThis paper investigates one of the most important financial issues arising from a secession or a country partitioning namely the sharing of the national public debt. Extending Dr?ze's distributive neutrality condition, we use the generational accounting technique and propose a dynamic debt-sharing criterion which takes into account both the true debt future generations inherit and their contributive capacity. The equivalence with Dr?ze's static rule is only obtained on the balanced growth path, and in the absence of initial regional debt. An application of our criterion to the Belgian case offers striking results.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesIZA Discussion paper series 1022en_US
dc.subject.jelH77en_US
dc.subject.jelH60en_US
dc.subject.ddc330en_US
dc.subject.keywordpublic debten_US
dc.subject.keywordsecessionen_US
dc.subject.keywordgenerational accountingen_US
dc.subject.stwÖffentliche Schuldenen_US
dc.subject.stwFinanzausgleichen_US
dc.subject.stwSeparatismusen_US
dc.subject.stwIntergenerative Belastungsrechnungen_US
dc.subject.stwSchätzungen_US
dc.subject.stwBelgienen_US
dc.titlePopulation Prospects and the Determination of a Debt-Sharing Rule between Seceding Regionsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn379327139en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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