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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Georgia Institute of Technology
2008
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| Online Access: | http://hdl.handle.net/1853/24738 |