Consequences of the interdependency of government budget restraints in a federal state / by Stanley L. Winer. : EC22-3/1976-49E-PDF
"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.
Lien permanent pour cette publication :
publications.gc.ca/pub?id=9.861398&sl=1
| Ministère/Organisme | Economic Council of Canada. |
|---|---|
| Titre | Consequences of the interdependency of government budget restraints in a federal state / by Stanley L. Winer. |
| Titre de la série | Discussion paper ; no. 49 |
| Type de publication | Série - Voir l'enregistrement principal |
| Langue | [Anglais] |
| Format | Électronique |
| Document électronique | |
| Note(s) | "February 1976." Digitized edition from print [produced by the Publishing and Depository Services Directorate]. Includes bibliographic references. Includes abstract in French. |
| Information sur la publication | Ottawa : Economic Council of Canada, 1976. |
| Auteur / Contributeur | Winer, Stanley L.,1947- |
| Description | 24 p. |
| Numéro de catalogue |
|
| Descripteurs | Budget planning Macroeconomic analysis Federal government |