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Keywords:Local government 

Journal Article
State and local red ink: crisis or opportunity?

An examination of the costs and benefits of cutbacks in federal aid to state and local governments during the 1980s, concluding that less reliance on federal funds may result in long-term benefits.
Economic Commentary , Issue Jul

Journal Article
Recent developments in the state and local government sector

Federal Reserve Bulletin , Issue Nov

Journal Article
Monetary restraint and borrowing and capital spending by large state and local governments in 1966

Federal Reserve Bulletin , Issue Jul , Pages 552-581

Journal Article
Interest cost effects of commercial bank underwriting of municipal revenue bonds

Federal Reserve Bulletin , Issue Aug , Pages 1287-1302

Journal Article
Monetary restraint, borrowing, and capital spending by small local governments and state colleges in 1966

Federal Reserve Bulletin , Issue Dec

Journal Article
The state and local government sector: long-term trends and recent fiscal pressures

Federal Reserve Bulletin , Issue Dec

Journal Article
Planned and actual long-term borrowing by state and local governments

Federal Reserve Bulletin , Issue Dec

Working Paper
Output fluctuations and fiscal policy : U.S. state and local governments 1978-1994

What are the cyclical properties of U.S. state and local government fiscal policy? The budget surplus of local and, in particular, state governments is procyclical, smoothing disposable income and consumption of state residents. This happens over both short- and medium-term horizons. Procyclical surpluses are the result of strongly procyclical revenues, and weakly procyclical expenditures. The budgets of trust funds and utilities are procyclical. Federal grants are procyclical, exacerbating the cyclical amplitude of state level income movements; although they smooth the idiosyncratic ...
Research Working Paper , Paper 99-05

Journal Article
Pressures on tenth district state and local government spending

Economic Review , Volume 75 , Issue May , Pages 40-53

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Davies, Phil 4 items

Mattoon, Richard H. 4 items

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