How to spend 750 billion euro? Applying sacrifice theory to determine Covid-19 compensations in the EU

Greiner A, Owusu BK (2020)
Economics Bulletin 40(3): 2457-2470.

Zeitschriftenaufsatz | Veröffentlicht | Englisch
 
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Autor*in
Greiner, AlfredUniBi; Owusu, Benjamin K.
Abstract / Bemerkung
In this note we consider an economic union consisting of sovereign national states. An asymmetric shock hits the union and as a result it decides to set up a fund in order to compensate the countries in the union. We show how sacrifice theory can be used to determine the compensation payments for the countries in a way such that the relative damages after compensation are equal across countries. Finally, we apply our results to determine the Covid-19 compensation payments in the EU
Erscheinungsjahr
2020
Zeitschriftentitel
Economics Bulletin
Band
40
Ausgabe
3
Seite(n)
2457-2470
eISSN
1545-2921
Page URI
https://pub.uni-bielefeld.de/record/2948652

Zitieren

Greiner A, Owusu BK. How to spend 750 billion euro? Applying sacrifice theory to determine Covid-19 compensations in the EU. Economics Bulletin. 2020;40(3):2457-2470.
Greiner, A., & Owusu, B. K. (2020). How to spend 750 billion euro? Applying sacrifice theory to determine Covid-19 compensations in the EU. Economics Bulletin, 40(3), 2457-2470.
Greiner, A., and Owusu, B. K. (2020). How to spend 750 billion euro? Applying sacrifice theory to determine Covid-19 compensations in the EU. Economics Bulletin 40, 2457-2470.
Greiner, A., & Owusu, B.K., 2020. How to spend 750 billion euro? Applying sacrifice theory to determine Covid-19 compensations in the EU. Economics Bulletin, 40(3), p 2457-2470.
A. Greiner and B.K. Owusu, “How to spend 750 billion euro? Applying sacrifice theory to determine Covid-19 compensations in the EU”, Economics Bulletin, vol. 40, 2020, pp. 2457-2470.
Greiner, A., Owusu, B.K.: How to spend 750 billion euro? Applying sacrifice theory to determine Covid-19 compensations in the EU. Economics Bulletin. 40, 2457-2470 (2020).
Greiner, Alfred, and Owusu, Benjamin K. “How to spend 750 billion euro? Applying sacrifice theory to determine Covid-19 compensations in the EU”. Economics Bulletin 40.3 (2020): 2457-2470.

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