Unfolding the Flypaper : The Effects of Intergovernmental Grants in an Open Local Economy.
Empirical studies of the effects of intergovernmental grants to localities do not support standard microeconomic predictions. Block grants have surprisingly large positive effects on public expenditures. Researchers have attributed this 'flypaper effect' to imperfect information (fiscal il...
| Müşterek Yazar: | |
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| Materyal Türü: | Dergi |
| Dil: | English |
| Baskı/Yayın Bilgisi: |
Washington, D.C. :
International Monetary Fund,
1989.
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| Seri Bilgileri: | IMF Working Papers; Working Paper ;
No. 1989/058 |
| Online Erişim: | Full text available on IMF |