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The Art of Making Everybody Happy

The Art of Making Everybody Happy »

Source: The Art of Making Everybody Happy : How to Prevent a Secession

Volume/Issue: 2001/176

Series: IMF Working Papers

Author(s): Michel Le Breton , and Shlomo Weber

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2001

ISBN: 9781451858815

Keywords: Transfer Schemes, Partial Equalization, Threat of Secession, compensation, taxation, fiscal capacity, budget constraint, fiscal federalism, Subsidies, and Revenue: General,

In this paper we consider a model of the country with heterogeneous population and examine compensation schemes that may prevent a threat of secession by dissatisfied regions. We show that horizontal imbalances are...

The Art of Making Everybody Happy
			: How to Prevent a Secession

The Art of Making Everybody Happy : How to Prevent a Secession »

Volume/Issue: 2001/176

Series: IMF Working Papers

Author(s): Michel Le Breton , and Shlomo Weber

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2001

DOI: http://dx.doi.org/10.5089/9781451858815.001

ISBN: 9781451858815

Keywords: Transfer Schemes, Partial Equalization, Threat of Secession, compensation, taxation, fiscal capacity, budget constraint, fiscal federalism, Subsidies, and Revenue: General,

In this paper we consider a model of the country with heterogeneous population and examine compensation schemes that may prevent a threat of secession by dissatisfied regions. We show that horizontal imbalances are...