Setting discretionary fiscal policy within the limits of budgetary institutions: evidence from American state governments

Setting discretionary fiscal policy within the limits of budgetary institutions: evidence from American state governments

Unanticipated economic fluctuations exert pressure on state governments to adjust their discretionary fiscal policies to accommodate the changing fiscal situation. Even though states adjust fiscal policy as the economy fluctuates, the typical cyclical economic factors are not the sole determinant of...

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Bibliographic Details
Main Author: Guo, Hai
Published: Georgia Institute of Technology 2008
Subjects:
Discretionary fiscal policy
Budgetary institutions
TEL
BBR
Fiscal policy
Economic policy
Taxation
Budget United States States
Budget surpluses
Budget deficits
Budgeting
State governments
Federal government
Tobits
Budget process
Tax and expenditure limitations
Government spending policy
Online Access:http://hdl.handle.net/1853/24738

Internet

http://hdl.handle.net/1853/24738

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