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Local Public Debt with Overlapping Generations

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  • Hikaru Ogawa
  • Mitsuhiro Yano

Abstract

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Suggested Citation

  • Hikaru Ogawa & Mitsuhiro Yano, 2007. "Local Public Debt with Overlapping Generations," Economics of Governance, Springer, vol. 8(1), pages 51-59, January.
    • Handle: RePEc:spr:ecogov:v:8:y:2007:i:1:p:51-59
    DOI: 10.1007/s10101-006-0015-y
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    References listed on IDEAS

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    1. Neil Bruce, 1995. "A Fiscal Federalism Analysis of Debt Policies by Sovereign Regional Governments," Canadian Journal of Economics, Canadian Economics Association, vol. 28(s1), pages 195-206, November.
    2. Mieszkowski, Peter & Zodrow, George R, 1989. "Taxation and the Tiebout Model: The Differential Effects of Head Taxes, Taxes on Land Rents, and Property Taxes," Journal of Economic Literature, American Economic Association, vol. 27(3), pages 1098-1146, September.
    3. Wellisch,Dietmar, 2000. "Theory of Public Finance in a Federal State," Cambridge Books, Cambridge University Press, number 9780521630351.
    4. Schultz, Christian & Sjostrom, Tomas, 2001. "Local public goods, debt and migration," Journal of Public Economics, Elsevier, vol. 80(2), pages 313-337, May.
    5. Bailey, Martin J., 1993. "Note on Ricardian equivalence," Journal of Public Economics, Elsevier, vol. 51(3), pages 437-446, July.
    6. Akai, Nobuo, 1994. "Ricardian equivalence for local government bonds : Budget constraint approach," Economics Letters, Elsevier, vol. 44(1-2), pages 191-195.
    7. Stefan Homburg & Wolfram Richter, 1993. "Harmonizing public debt and public pension schemes in the European community," Journal of Economics, Springer, vol. 7(1), pages 51-63, December.
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    Cited by:

    1. Junichi Nagami & Hikaru Ogawa, 2011. "Partial coordination in local debt policies," Applied Economics Letters, Taylor & Francis Journals, vol. 18(18), pages 1785-1787, December.

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    More about this item

    Keywords

    Ricardian equivalence; local public debt; overlapping generations; migration; H41; H71; H74;
    All these keywords.

    JEL classification:

    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • H71 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Taxation, Subsidies, and Revenue
    • H74 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Borrowing

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