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Bailouts in Federations

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  • Kaiser, Karolina
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    Abstract

    This dissertation deals with the topic of bailouts in federations. Institutions and instruments helping to alleviate the incentive problems arising from bailouts are analyzed. In particular, the role of the timing of elections, bailout restrictions and the exploitation of budgetary information from comparable jurisdictions is considered.

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    File URL: http://edoc.ub.uni-muenchen.de/11212/1/Kaiser_Karolina.pdf
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    Bibliographic Info

    Paper provided by University of Munich, Department of Economics in its series Munich Dissertations in Economics with number 11212.

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    Date of creation: 27 Jan 2010
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    Handle: RePEc:lmu:dissen:11212

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    Keywords: Federations; Bailouts; Commitment Problem; Timing of Elections; Budgetary Crisis;

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