Browsing Programs, Centers, and Institutes by Author "Tian, Guoqiang"

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    • Optimal Interregional Redistribution and Local Borrowing Rules under Migration and Asymmetric Information 
      Liu, Liqun; Dai, Darong; Tian, Guoqiang (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2019-09-16)
      Assuming two types of regions that differ only in the discount rate, Huber and Runkel (2008) show that optimal federal redistribution is from impatient to patient regions, and optimal local public debt is higher in impatient ...
    • Optimal Regional Insurance Provision: Do Federal Transfers Complement Local Debt? 
      Liu, Liqun; Dai, Darong; Tian, Guoqiang (Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library, 2019-11-01)
      Intergovernmental grants implemented by the central government of a federal fiscal system are justified on the grounds that they internalize interregional spillovers generated by local public goods provision or ...