Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/20257
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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 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_US
dc.language.isoengen_US
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen_US
dc.relation.ispartofseries|aIZA Discussion paper series |x1022en_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-

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