期刊名称:CORE Discussion Papers / Center for Operations Research and Econometrics (UCL), Louvain
出版年度:2000
卷号:2000
出版社:Center for Operations Research and Econometrics (UCL), Louvain
摘要:This paper investigates one of the most important financial issues arising from a
secession or a country partioning, namely the sharing of the national public debt.
Extending Drèze’s distributive neutrality condition, we use the generational
accounting technique and propose a dynamic debt-sharing criterion which takes into
account both the true debt future generations inherit and their contributive capacity.
The equivalence with Drèze’s static rule is only obtained in the steady growth
framework in the absence of initial regional debt. An application of our criterion to
the Belgian case offers striking results.
关键词:debt-sharing, public debt, secession, generational accounting,
distributive neutrality