Add to ORKGThis report’s primary concern is how U.S. state governments should respond to the fiscal volatility created by their balanced budget constraints. Applying the principles of risk allocation theory to this recurring problem, we conclude that states should primarily adjust the rates of broad-based taxes as their economies cycle, rather than fluctuating public spending
In response to the growing concerns over the recurring state fiscal crises, this dissertation aims t...
We study whether and how fiscal restrictions alter the business cycle features of macrovariables for...
Economists have devoted relatively little attention to explaining why some state and local governmen...
Forty-nine of the U.S. states have balanced budget requirements, and every state acts as though boun...
This report’s primary concern is how U.S. state governments should respond to the fiscal volatility ...
This report analyzes how states should cope with fiscal volatility at the level of institutional-des...
State and local expenditure and tax revenue respond less to the business cycle than do federal spend...
Although forty-nine states have balanced budget requirements, states still consistently face massive...
Unanticipated economic fluctuations exert pressure on state governments to adjust their discretionar...
Unanticipated economic fluctuations exert pressure on state governments to adjust their discretionar...
Efforts to maintain balanced budgets lead to substantial pro-cyclicality in states' capital investme...
This is the first in a series of reports by The Pew Charitable Trusts offering policymakers strategi...
Balanced budget requirements lead to substantial pro-cyclicality in state government spending on inf...
The current decade began with states facing di ¢ cult choices regarding tax and spending policy duri...
Balanced budget requirements lead to substantial pro-cyclicality in state government spending outsid...
In response to the growing concerns over the recurring state fiscal crises, this dissertation aims t...
We study whether and how fiscal restrictions alter the business cycle features of macrovariables for...
Economists have devoted relatively little attention to explaining why some state and local governmen...
Forty-nine of the U.S. states have balanced budget requirements, and every state acts as though boun...
This report’s primary concern is how U.S. state governments should respond to the fiscal volatility ...
This report analyzes how states should cope with fiscal volatility at the level of institutional-des...
State and local expenditure and tax revenue respond less to the business cycle than do federal spend...
Although forty-nine states have balanced budget requirements, states still consistently face massive...
Unanticipated economic fluctuations exert pressure on state governments to adjust their discretionar...
Unanticipated economic fluctuations exert pressure on state governments to adjust their discretionar...
Efforts to maintain balanced budgets lead to substantial pro-cyclicality in states' capital investme...
This is the first in a series of reports by The Pew Charitable Trusts offering policymakers strategi...
Balanced budget requirements lead to substantial pro-cyclicality in state government spending on inf...
The current decade began with states facing di ¢ cult choices regarding tax and spending policy duri...
Balanced budget requirements lead to substantial pro-cyclicality in state government spending outsid...
In response to the growing concerns over the recurring state fiscal crises, this dissertation aims t...
We study whether and how fiscal restrictions alter the business cycle features of macrovariables for...
Economists have devoted relatively little attention to explaining why some state and local governmen...