G2TT
来源类型Research Report
规范类型报告
Budget Processes and the Great Recession
其他题名How State Fiscal Institutions Shape Tax and Spending Decisions
Kim S. Rueben; Megan Randall; Aravind Boddupalli
发表日期2018-10-10
出版年2018
语种英语
概述In this study, we explore how strict balanced budget requirements (BBRs) and tax or expenditure limits (TELs) influence states’ decisions to either cut spending or raise revenues in response to surprise deficits and whether this relationship changed following the onset of the Great Recession. We also examine whether Democratic or Republican control of a state legislature and governorship affected state responses
摘要

In this study, we explore how strict balanced budget requirements (BBRs) and tax or expenditure limits (TELs) influence states’ decisions to either cut spending or raise revenues in response to surprise deficits and whether this relationship changed following the onset of the Great Recession. We also examine whether Democratic or Republican control of a state legislature and governorship affected state responses. We find that budget processes and party control influenced both the size and the composition of state responses to deficits, with responses tempering in the period during and following the Great Recession.

主题Taxes and Budget ; Individual taxes ; Business taxes ; State and local issues
URLhttps://www.urban.org/research/publication/budget-processes-and-great-recession
来源智库Urban Institute (United States)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/480357
推荐引用方式
GB/T 7714
Kim S. Rueben,Megan Randall,Aravind Boddupalli. Budget Processes and the Great Recession. 2018.
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