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dc.contributor.authorCattoir, Philippeen
dc.contributor.authorDocquier, Frédéricen
dc.date.accessioned2009-01-28T16:12:47Z-
dc.date.available2009-01-28T16:12:47Z-
dc.date.issued2004-
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
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x1022en
dc.subject.jelH77en
dc.subject.jelH60en
dc.subject.ddc330en
dc.subject.keywordpublic debten
dc.subject.keywordsecessionen
dc.subject.keywordgenerational accountingen
dc.subject.stwÖffentliche Schuldenen
dc.subject.stwFinanzausgleichen
dc.subject.stwSeparatismusen
dc.subject.stwIntergenerative Belastungsrechnungen
dc.subject.stwSchätzungen
dc.subject.stwBelgienen
dc.titlePopulation Prospects and the Determination of a Debt-Sharing Rule between Seceding Regions-
dc.typeWorking Paperen
dc.identifier.ppn379327139en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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