Search Results

Showing results 1 to 4 of approximately 4.

(refine search)
SORT BY: PREVIOUS / NEXT
Keywords:expenditures 

Journal Article
Tough Choices: New Jersey Schools during the Great Recession and Beyond

This study examines the medium-term effects of the Great Recession on school finances in New Jersey using detailed school district panel data and an interrupted time series analysis. The authors find that the recession led to sharp cuts in school funding and expenditure, in spite of the federal stimulus. These cuts deepened as the stimulus abated. An analysis of variations by metropolitan area reveals that the Camden metro area, the highest poverty area reviewed, experienced considerably larger cuts in expenditures when the stimulus receded compared with other areas. The findings are ...
Economic Policy Review , Volume 27 , Issue 1 , Pages 1-34

Newsletter
Corporate Cash Flow and Its Uses

We decompose corporate cash flow into its primary components to examine how funds are being internally allocated and to elucidate current trends in corporate behavior. By historical standards, capital investment has been low and shareholder payouts have been high over the past few years, although these patterns do not seem so abnormal once recent economic and financial conditions are factored in. That said, corporate debt levels are now somewhat higher than we would expect given the rather tepid economic recovery from the Great Recession.
Chicago Fed Letter

Working Paper
Impact of Occupational Unemployment Risk on Household Spending

The life-cycle consumption and permanent income hypotheses predict that if workers face greater likelihood of unemployment in the future that lowers expected future income, they will save more today. In this paper, we test this hypothesis by looking at the expenditure response of workers to the change in unemployment risk measured at the occupational level. We find that occupational unemployment risk does not have a large impact on consumption expenditure. However, despite investigating multiple forms of occupational unemployment risk for multiple expenditure categories in two expenditure ...
Working Papers , Paper 22-7

Discussion Paper
Catching Up or Falling Behind? New Jersey Schools in the Aftermath of the Great Recession

Today’s post, which complements Monday’s on New York State and a set of interactive graphics released by the New York Fed earlier, assesses the effect of the Great Recession on educational finances in New Jersey. The Great Recession severely restricted state and local funds, which are the main sources of funding for schools. To help avoid steep budget cuts to schools, the federal government allocated $100 billion for education as part of the American Recovery and Reinvestment Act of 2009 (ARRA), also known as the stimulus. The stimulus money was meant to provide temporary relief to ...
Liberty Street Economics , Paper 20130925

FILTER BY year

FILTER BY Content Type

FILTER BY Author

FILTER BY Jel Classification

R1 2 items

E21 1 items

E24 1 items

H4 1 items

I2 1 items

J64 1 items

show more (3)

FILTER BY Keywords

expenditures 4 items

funding 2 items

recession 2 items

ARRA 1 items

Cash flow 1 items

New Jersey 1 items

show more (12)

PREVIOUS / NEXT