U.S. State and Local Government Finances Over the Current Cycle

U.S. State and Local Government Finances Over the Current Cycle
The recent slowdown in the U.S. economy has led to state and local government tax increases and expenditure cuts that have lowered aggregate demand, in contrast to earlier downturns when the sector provided significant automatic stabilizers. Several explanations for this change are examined, including the role of federal grants, mandates, tax... READ MORE...

Publication date: December 1992
ISBN 9781451853520
$15.00

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