Efficiency of Local Policy Programmes under Free Migration

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dc.contributor.author Laurila, Hannu -
dc.date.accessioned 2012-06-17T20:11:31Z
dc.date.available 2012-06-16 17:48:35 -
dc.date.available 2012-06-17T20:11:31Z
dc.date.issued 2007 -
dc.identifier.isbn 978-951-44-7047-9 -
dc.identifier.issn 1458-1191 -
dc.identifier.uri http://tampub.uta.fi/handle/10024/65746
dc.description.abstract A Neo-Keynesian macroeconomic model is constructed to examine the efficiency of a local tax-transfer programme under free migration. An application of the Adaptive Expectations Hypothesis is used todescribe people’s perceptions of the programme. It is shown that fair programmes with no effects on localwelfare have no effect on migration either thus being efficient in the long term. In the short term, falseperceptions concerning the repayments make the programme unfair. Migration enforces the excess burden ofan unfair programme, but gradual correction of the perceptions eventually mitigates the effects to zero. -
dc.format.extent 17 -
dc.language.iso en -
dc.title Efficiency of Local Policy Programmes under Free Migration -
dc.type fi=Erillisteos | en=Monograph| -
dc.identifier.urn urn:isbn:978-951-44-7047-9 -
dc.type.version fi=Kustantajan versio | en=Publisher's version| -
dc.subject.okm fi=Kansantaloustiede | en=Economics| -
dc.oldstats 523 -
dc.seriesname.electronic Tampere Economic Working Papers Net Series
dc.relation.numberinserieselectronic 59/2007

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