000 | 00976cam a2200181 4500500 | ||
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005 | 20250121113715.0 | ||
041 | _afre | ||
042 | _adc | ||
100 | 1 | 0 |
_aBreuillé, Marie-Laure _eauthor |
700 | 1 | 0 |
_a Madiès, Thierry _eauthor |
700 | 1 | 0 |
_a Taugourdeau, Emmanuelle _eauthor |
245 | 0 | 0 | _aA Model of Regional Debt with a Soft Budget Constraint |
260 | _c2006. | ||
500 | _a10 | ||
520 | _aIn this article, we endogenously derive the soft budget constraint phenomenon in a federation when fiscal decisions are delegated to regions. In this framework, the softness of the regional budget constraint results from federal government cross-subsidization objective. We analyse the impact of the soft budget constraint on the borrowing opportunity cost. Classification JEL : E62; H7 | ||
786 | 0 | _nRevue économique | 57 | 3 | 2006-06-01 | p. 553-561 | 0035-2764 | |
856 | 4 | 1 | _uhttps://shs.cairn.info/journal-revue-economique-2006-3-page-553?lang=en&redirect-ssocas=7080 |
999 |
_c545416 _d545416 |