|
Budget redistribution between regions ( %) |
||||||
| USA | Canada | U. K. | Germany | France | Italy | |
| Sachs and Sala-i-Martin (1991) | 38 | |||||
| von Hagen (1991) | 30 – 40 | |||||
| Goodhart and Smith (1993) | 15 | 13 – 24 | 21 | |||
| Masson and Taylor (1993) | ||||||
| Pisani-Ferry et al. (1993) | ||||||
| Bayoumi and Masson (1995) | 21,9 | 39,2 | ||||
| Asdrubali et al. (1996) | ||||||
| Obstfeld and Peri (1998) | 19 | 53 | 8 | |||
| Mélitz and Zumer (1998) | 15,8 | 17,7 | 26 | 38 | ||
| Fatás (1998) | ||||||
| Decressin (1999) | 30-35 | |||||
|
Budget stabilization between regions ( %) |
||||||
| USA | Canada | U. K. | Germany | France | Italy | |
| Sachs and Sala-i-Martin (1991) | ||||||
| von Hagen (1991) | 9 – 10 | |||||
| Goodhart and Smith (1993) | 13 | 12 – 24 | 21 – 34 | |||
| Masson and Taylor (1993) | 24 | |||||
| Pisani-Ferry et al. (1993) | 17 | 33 – 42 | 37 | |||
| Bayoumi and Masson (1995) | 30,2 | 17,4 | ||||
| Asdrubali et al. (1996) | 13 | |||||
| Obstfeld and Peri (1998) | 10 | 13 | 3 | |||
| Mélitz and Zumer (1998) | 20,3 | 14,4 | 21 | 19,4 | ||
| Fatás (1998) | 11,1 | 13,3 | 10 | 6,2 | ||
| Decressin (1999) | 20-30 | |||||