QED Working Paper Number
1016
This paper presents a selective and non-technical survey of the role of intergovernmental equalization transfers as a device for achieving efficiency in the allocation of labor across regions in a decentralized nation, and for achieving fiscal equity among residents of various regions. We discuss some of the issues that arise in attempting to put the principles of equalization into practice.
JEL Codes
Keywords
Intergovernmental Transfers
Equalization
Working Paper
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