reparations

Kim Oosterlinck
From The New Palgrave Dictionary of Economics, Online Edition, 2009
Edited by Steven N. Durlauf and Lawrence E. Blume
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Abstract

Reparations for damage caused, paid by the loser following wars, have been known since Antiquity, although much of the literature focuses on the First World War. There has been much debate, both politically and among economists, on the appropriate basis on which to pay.
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Keywords

reparations; transfer problem; war
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Article

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How to cite this article

Oosterlinck, Kim. "reparations." The New Palgrave Dictionary of Economics. Online Edition. Eds. Steven N. Durlauf and Lawrence E. Blume. Palgrave Macmillan, 2009. The New Palgrave Dictionary of Economics Online. Palgrave Macmillan. 25 May 2013 <http://www.dictionaryofeconomics.com/article?id=pde2009_R000279> doi:10.1057/9780230226203.1920

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