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Keywords:state finances 

Journal Article
Lessons from variations in state Medicaid expenditures

Because Medicaid is absorbing a large and growing share of government spending in every state, policymakers are under intense pressure to control the cost of this budget-breaking program. In search of clues concerning Medicaid cost containment, this article examines state data on per-recipient Medicaid spending by type of service. This effort suggests focusing on nursing homes, because per-recipient payments to these institutions are highly variable across states. Indeed, the article concludes that a key explanation for cross-state differences in per-recipient Medicaid expenses is the ...
New England Economic Review , Issue Jan , Pages 43-66

Journal Article
Saving for a rainy day?

National Economic Trends , Issue Apr

Journal Article
Experiments in education: what's working in your town?

Forefront , Issue Fall , Pages 1

Journal Article
Determinants of federal and state community development spending: 1981–2004

The goal of this article is to describe and analyze community development spending at the state level for the period 1981 to 2004. Two components of each state?s housing and community development spending are analyzed: transfers from the federal government that are subsequently spent by states and localities, and expenditures from moneys generated by states and localities. In addition to describing broad trends in public community development spending over time, we also analyze the determinants of both the federal transfers and the state- and local-generated components of total state ...
Profitwise , Issue Oct , Pages 5-12

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
Improving intergovernmental finance: a message from the northland

Quarterly Review , Volume 11 , Issue Spr , Pages 2-13

Journal Article
New evidence on state economic development spending and manufacturing employment

FRBSF Economic Letter

Journal Article
The devolution tortoise and the centralization hare

There has been much talk in recent years of devolving powers and functions from the federal government to the states. Some observers even proclaim a devolution revolution, the result of which will be a more efficient and effective federal government and more robust and responsive states. The generally recognized objectives of devolution include (1) more efficient provision and production of public services; (2) better alignment of the costs and benefits of government for a diverse citizenry; (3) better fits between public goods and their spatial characteristics; (4) increased competition, ...
New England Economic Review , Issue May , Pages 13-40

Working Paper
Revenue bubbles and structural deficits: What’s a state to do?

The 2001 recession proved alarming to state government finances. A relatively shallow national recession led to a severe downturn in state revenues that took three years to unwind. In the current economic downturn, early signs of fiscal stress are already apparent. This raises several fundamental questions: * Since 1984 the U.S. macroeconomy entered into the "Great Moderation" in which economic volatility was reduced. Has state revenue volatility relative to the business cycle increased during this period? * Has the composition of state revenues and expenditures made states more susceptible ...
Working Paper Series , Paper WP-08-15

Journal Article
The current fiscal situation in state and local governments

Federal Reserve Bulletin , Issue Dec

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Tannenwald, Robert 14 items

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