Togetheror separately? Issues on the costs and benefits of political and fiscal unions
AbstractAround the world one observes a tendency toward political separatism. The economic literature generally (but not always) emphasizes several benefits of large fiscal (and, therefore, political) jurisdictions. In this paper we discuss several politico-economic arguments which reconcile this tension between Ã¢â¬ÅnormativeÃ¢â¬ economic models and empirical observations.
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Bibliographic InfoArticle provided by Elsevier in its journal European Economic Review.
Volume (Year): 39 (1995)
Issue (Month): 3-4 (April)
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Web page: http://www.elsevier.com/locate/eer
Other versions of this item:
- Perotti, Roberto & Spolaore, Enrico & Alesina, Alberto, 1995. "Together or Separately? Issues on the Costs and Benefits of Political and Fiscal Unions," Scholarly Articles 4553017, Harvard University Department of Economics.
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