Journal Article

Preparing for the storm: rainy day funds in New England


Abstract: Rainy day funds have played an important role in alleviating the current state fiscal crisis. This article examines the benefits of these funds, the various ways in which they can be structured, and the differences in the structure and use of these funds in New England.

Keywords: Deficit financing - New England; Fiscal policy - New England;

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File(s): File format is application/pdf http://www.bostonfed.org/economic/neff/neff31/storm.pdf

Authors

Bibliographic Information

Provider: Federal Reserve Bank of Boston

Part of Series: Fiscal Facts

Publication Date: 2003

Issue: Sum

Pages: 1-5

Order Number: 31