Articoli correlati a Growth and Variability in State Tax Revenue: An Anatomy...
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During recessions state government fiscal crises are widespread, as states find their revenues inadequate to meet their expenditure demands. This volume shows that state fiscal crises have only one significant cause: revenue downturns associated with recessions. Other analysts have argued that fiscal crises are the result of an interaction of many complex causes, including inadequate tax bases, increasing expenditure demands, and limits placed on state governments by voters. This analysis examines these other factors and shows that while they present significant challenges to state policymakers, they are not the cause of fiscal crises.
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L'autore
RANDALL G. HOLCOMBE is DeVoe Moore Professor of Economics at Florida State University. He is also chairman of the Research Advisory Council at the James Madison Institute for Public Policy Studies, a Tallahassee-based think-tank that specializes in issues facing state governments. He is author of seven books, including Public Policy and Quality of Life (Greenwood, 1995). His primary research areas are public finance and the economic analysis of public policy issues.
RUSSELL S. SOBEL is Assistant Professor of Economics at West Virginia University and a faculty research associate with the Bureau of Business and Economic Research at West Virginia University. He is author of several articles.
Product Description
Book by Holcombe Randall G Sobel Russell S
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- EditorePraeger Pub Text
- Data di pubblicazione1997
- ISBN 10 0313304238
- ISBN 13 9780313304231
- RilegaturaCopertina rigida
- Numero di pagine203
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Growth and Variability in State Tax Revenue : An Anatomy of State Fiscal Crises
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Bloomsbury Publishing USA, 1997
ISBN 10: 0313304238
ISBN 13: 9780313304231
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Growth and Variability in State Tax Revenue : An Anatomy of State Fiscal Crises
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Greenwood Press, Westport CT, 1997
ISBN 10: 0313304238
ISBN 13: 9780313304231
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Hardcover. Condizione: Very Good. Condizione sovraccoperta: No Dust Jacket. First Edition; First Printing. Library stamps/marks/labels/slip, otherwise light wear. Solid hardcover.; "Having developed our methodology, we applied it more broadly to look at different types of taxes, and to complare cyclical variability of revenues across states. For purposes of public policy, we conclude that while there are a few policy changes that could reduce cyclical variability of revenue to a degree . state revenues will always exhibit a substantial amount of cyclical variability. Thus we recommend that state policy makers accommodate the inevitable cyclical variability in revenues by smoothing expenditures over the business cycle. This led us to analyze state rainy day funds as a method of smoothing expenditures ." - Preface. ; Contributions in Economics and Economic History; Ex-Library; Vol. 189; xvi, 203 pages. Codice articolo 10612
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Growth and Variability in State Tax Revenue: An Anatomy of State Fiscal Crises (Contributions in Economics and Economic History)
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Growth and Variability in State Tax Revenue An Anatomy of State Fiscal Crises Contributions in Economics Economic History 189 Contributions in Economics Economic History S
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Growth and Variability in State Tax Revenue An Anatomy of State Fiscal Crises Contributions in Economics Economic History 189 Contributions in Economics Economic History S
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Growth and Variability in State Tax Revenue: An Anatomy of State Fiscal Crises
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Growth and Variability in State Tax Revenue (Hardcover)
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Bloomsbury Publishing Plc, Westport, 1997
ISBN 10: 0313304238
ISBN 13: 9780313304231
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Hardcover. Condizione: new. Hardcover. During recessions state government fiscal crises are widespread, as states find their revenues inadequate to meet their expenditure demands. This volume shows that state fiscal crises have only one significant cause: revenue downturns associated with recessions. Other analysts have argued that fiscal crises are the result of an interaction of many complex causes, including inadequate tax bases, increasing expenditure demands, and limits placed on state governments by voters. This analysis examines these other factors and shows that while they present significant challenges to state policymakers, they are not the cause of fiscal crises.The book presents an improved methodology for measuring cyclical variability of revenues and uses this methodology to show that there is no way to restructure state tax systems in order to appreciably reduce the fiscal stress associated with recessions. Fiscal stress can be lessened by setting aside revenues during prosperous years in a rainy day fund, but current rainy day funds are not large enough to eliminate the fiscal stress caused by recessions. During recessions state government fiscal crises are widespread, as states find their revenues inadequate to meet their expenditure demands. This volume shows that state fiscal crises have only one significant cause: revenue downturns associated with recessions. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Codice articolo 9780313304231
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Growth and Variability in State Tax Revenue: An Anatomy of State Fiscal Crises
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Growth and Variability in State Tax Revenue: An Anatomy of State Fiscal Crises
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Growth and Variability in State Tax Revenue
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Gebunden. Condizione: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. During recessions state government fiscal crises are widespread, as states find their revenues inadequate to meet their expenditure demands.Über den AutorRANDALL G. HOLCOMBE is Professor of Economics at Florida State University,. Codice articolo 446884356
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