State tax revenues over the business cycle: patterns and policy responses
Abstract: State tax revenues have become far more sensitive to changing economic conditions since the turn of the century. The authors document this increasing volatility and offer suggestions for what state governments might do to better manage their tax revenues to avoid or minimize dramatic fiscal downturns.
File(s): File format is application/pdf http://www.chicagofed.org/digital_assets/publications/chicago_fed_letter/2012/cfljune2012_299.pdf
Provider: Federal Reserve Bank of Chicago
Part of Series: Chicago Fed Letter
Publication Date: 2012
Issue: JunOrder Number: 299