Search Results

SORT BY: PREVIOUS / NEXT
Keywords:state finances 

Journal Article
States in fiscal distress

The 2007-10 recession has imposed significant fiscal hardships on state and local governments. The result has been state budget deficits and the need to increase state taxes, cut spending, and withdraw funds from state ?rainy day? accounts. The primary cause of state budget ?gaps? has been the rise in the level of state unemployment. There is no evidence that these gaps are related to state political institutions, a state?s prior receipt of federal funding, or possibly favored access to key congressional budget committees. The federal government has responded to these gaps with the passage of ...
Regional Economic Development , Issue Oct , Pages 65-80

Journal Article
Fiscal disparity among the States revisited

The 50 states differ sharply in the scope of public services their state and local governments must deliver and in the costs of providing them. The governments of many states, through no fault of their own, must work relatively hard to provide the services needed by those who reside, work, travel, and vacation within their borders. The states also differ dramatically in fiscal capacity, that is, the capacity of their state and local governments to raise revenues. The degree of fiscal disparity among the states has been a salient issue throughout our nation's history, and a focal point of the ...
New England Economic Review , Issue Jul , Pages 3-25

Journal Article
Will accountability standards improve public schools? (Accountability and education reform, part 4)

Fiscal Facts , Issue Win , Pages 1-5

Working Paper
Political competition, causal relationships between taxes and spending, and their influence on government size: evidence from state-level data

Theories of fiscal illusion and political competition have different implications for (i) the causal relationships between taxes and spending, and (ii) government size. These are tested using data from u.s. states from 1950 to 1990. We find evidence that greater political competition generally encourages bigger government, the Democratic Party is associated with bigger government, and state governments which "tax first, spend later" are more likely to be large. Other factors related to the fiscal illusion and political competition theories also appear to be important determinants of ...
International Finance Discussion Papers , Paper 500

Working Paper
State investment tax incentives: a zero-sum game?

Though the U.S. federal investment tax credit (ITC) was permanently repealed in 1986, state-level ITCs have proliferated over the last few decades. The proliferation of state ITCs and other investment tax incentives raises two important questions: (1) Are these tax incentives effective in achieving their stated objective, to increase investment within the state?; and (2) To the extent these incentives raise investment within the state, how much of this increase is due to investment drawn away from other states? To begin to answer these questions, we construct a detailed panel data set for 50 ...
Working Paper Series , Paper 2006-47

Working Paper
State and local government spending--the balance between investment and consumption

Working Paper Series, Regional Economic Issues , Paper 92-14

Journal Article
Are state and local revenue systems becoming obsolete?

As recently as a year ago, state governments were awash in revenue, but reports from state revenue officials suggest that growth in tax receipts has slowed considerably in recent quarters. The flow of tax revenues into state coffers has decelerated primarily because the economy has suffered a severe shock (it was weakening even before September 11) and delayed tax cuts enacted in earlier, more prosperous times have taken full effect. However, many tax analysts believe that long-term economic, technological, and political trends are also partially responsible and will continue to constrain ...
New England Economic Review

Journal Article
State balanced-budget and debt rules

Balanced-budget rules alone are not sufficient to ensure states? long-term fiscal health.
Economic Synopses

Journal Article
State and local tax policies spur growth

Economics Update , Issue Jan , Pages 4

FILTER BY year

FILTER BY Series

New England Economic Review 15 items

Chicago Fed Letter 8 items

Regional Economic Development 8 items

FRBSF Economic Letter 7 items

Fiscal Facts 6 items

Working Paper Series 6 items

show more (42)

FILTER BY Content Type

Journal Article 87 items

Working Paper 20 items

Newsletter 9 items

Report 2 items

Speech 2 items

Briefing 1 items

show more (4)

FILTER BY Author

Tannenwald, Robert 15 items

Mattoon, Richard H. 12 items

Wilson, Daniel J. 6 items

Rubin, Laura S. 5 items

Swaine, Daniel G. 5 items

Chirinko, Robert S. 4 items

show more (96)

FILTER BY Jel Classification

E62 1 items

H71 1 items

H72 1 items

FILTER BY Keywords

Taxation 39 items

Revenue 17 items

Local government 16 items

Local finance 15 items

Municipal finance 14 items

show more (80)

PREVIOUS / NEXT