森林舞会游戏经济学前沿高端讲座第四十六讲
Going Green with Inadequately Supervised Fiscal Playgrounds for Local Governments
主讲人:张同斌助理教授(上海财经大学经济学院)
主持人:唐荣胜副教授(森林舞会游戏李安民经济研究院)
嘉宾介绍:游宇教授(森林舞会游戏李安民经济研究院)
时间:2024年3月29日(周五) 10:00-11:30(北京时间)
地点:森林舞会游戏崇山校区五洲园一楼会议室
线上地址:腾讯会议:632-595-710
语言:中文/英文
摘要:
In this study, we examine how government debt responds to environmental policies when governments are endowed with inadequately supervised fiscal flexibility. We find that a strengthening of environmental policy worsened the local economy and encouraged Chinese local governments to increase the issuance of more flexible but less regulated off-budget debts. Further analysis indicates that the social costs of this additional flexibility were closely related to the urgency local officials felt to receive a promotion and the historical debt reliance. The Chinese experience is consistent with the predictions of theoretical models and also instructive for coordinating fiscal and environmental policies.
主讲人简介:
西班牙巴塞罗那自治大学博士毕业,现任上海财经大学经济学院助理教授,研究领域为宏观经济学,金融经济学,中国经济。研究成果发表于Journal of Economic Dynamics and Control、Journal of Economic Behavior and Organization等国际权威期刊。