00000nam 2200000za 4500 9.861398 CaOODSP 20221107160739 cr ||||||||||| 180830s1976 onc o f000 0 eng d CaOODSP eng eng fre n-cn--- EC22-3/1976-49E-PDF Winer, Stanley L., 1947- Consequences of the interdependency of government budget restraints in a federal state [electronic resource] / by Stanley L. Winer. Ottawa : Economic Council of Canada, 1976. 24 p. Discussion paper ; no. 49 "February 1976." Digitized edition from print [produced by the Publishing and Depository Services Directorate]. Includes bibliographic references. "Neither federal nor non-federal governments in a federal state are free to choose independently the values of all their policy variables, since sources and uses of funds must be equal in every period at each government level. Government budget restraints are therefore interdependent in the sense that one policy variable appearing in the budget restraint of each level of government is simultaneously determined in the macroeconomy. This paper analyzes the macroeconomic role of policy variables related to intergovernmental flows in a federal state, in view of this interdependency"--Abstract. Includes abstract in French. gccst Budget planning gccst Macroeconomic analysis gccst Federal government Economic Council of Canada. Discussion paper (Economic Council of Canada) no. 49 (CaOODSP)9.855540 PDF 2.75 MB https://publications.gc.ca/collections/collection_2018/ecc/EC22-3-1976-49-eng.pdf