Capital market integration and fiscal sustainability
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DOI: 10.1016/j.euroecorev.2019.103305
Abstract: Abstract By constructing a two-country endogenous growth model with a debt-financing government, this paper studies the relationship between the sustainability of public finance and increases in inter-regional factor mobility. To this end, it identifies the… read more here.
Keywords: capital; fiscal sustainability; market integration; integration fiscal ... See more keywords