On states' behavior with equalization grants

This paper discusses how state government's behavior is affected when the so-called Representative Tax System (RTS) equalization scheme is implemented. In particular, we study the changes in the marginal cost of public funds (MCPF), and in the first order conditions for the optimal provision of publ... Deskribapen osoa

Egile nagusia: Martínez López, Diego
Formatua: Artikulua
Hizkuntza: Ingelesa
Argitaratua: Ministerio de Hacienda: Servicio de Publicaciones 2005
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