Growth and Variability in State Tax Revenue: An Anatomy of State Fiscal Crises: 189 (Contributions in Economics and Economic History) - Image 1

£60.38

Bloomsbury Academic Growth and Variability in State Tax Revenue: An Anatomy of State Fiscal Crises: 189 (Contributions in Economics and Economic History)

Name: Growth and Variability in State Tax Revenue: An Anatomy of State Fiscal Crises: 189 (Contributions in Economics and Economic History)
Brand: Bloomsbury Academic
Price: 60.38 GBP
Availability: InStock

Governmental

Price History & Forecast

Last 79 days • 79 data points (No recent data available)

Historical

Generating forecast...

Price Distribution

Price distribution over 79 days • 1 price levels

Days at Price

Price Analysis

Most common price: £60 (79 days, 100.0%)

Price range: £60 - £60

Price levels: 1 different prices over 79 days

Description

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.

Product Specifications

Brand: Bloomsbury Academic
Format: hardcover
ASIN: 0313304238
Category: Books > Subjects > Business, Finance & Law > Accounting > Governmental
Domain: Amazon UK
Release Date: 28 October 1997
Listed Since: 15 January 2007

Barcode

No barcode data available

Bloomsbury Academic Growth and Variability in State Tax Revenue: An Anatomy of State Fiscal Crises: 189 (Contributions in Economics and Economic History)

Price History & Forecast

Price Distribution

Price Analysis

Description

Product Specifications

Barcode

Similar Products You Might Like

The Fiscal Crisis of the State

The Fiscal Crisis of the State

Fiscal Pressure Facing State & Local Government (American Political, Economic & Security Issues Series) (American Political, Economic, and Security Issues: Government Procedures and Operations)

Modelling Tax Revenue Growth

Taxation in Crisis: Tax Policy and the Quest for Economic Growth (Palgrave Macmillan Studies in Banking and Financial Institutions)

Edward Elgar - Global Financial Crisis and OECD Budget Impacts

Fiscal Policy after the Financial Crisis (National Bureau of Economic Research Conference Report)

State and Local Finances under Pressure (Studies in Fiscal Federalism and State-local Finance series)

Public Sector Economics (Critical Concepts in Economics)

Financial Markets and the Global Recession (Global Recession - Causes, Impacts and Remedies)

The Political Economy of Fiscal Policy: Public Deficits, Volatility, and Growth: 570 (Lecture Notes in Economics and Mathematical Systems, 570)

Intergovernmental Fiscal Relations: 56 (Recent Economic Thought, 56)

Intergovernmental Fiscal Relations: 56 (Recent Economic Thought, 56)

The First Great Recession of the 21st Century: Competing Explanations

State Taxation of Business: Issues and Policy Options

Modelling Multidisciplinary Causes of the Greek Crisis: A Conceptual Analysis (Economic Issues, Problems and Perspectives)

Financial Regulatory Reform (Global Recession - Causes, Impacts and Remedies)

Money in the Great Recession: Did a Crash in Money Growth Cause the Global Slump? (Buckingham Studies in Money, Banking and Central Banking)

Dynamics of Financial Stress and Economic Performance: Insights and Analysis from the World Economy

Debt Limit Impasses: Analyses & Effects

Public Sector Revenue: Principles, Policies and Management

Behavioural Public Finance: Individuals, Society, and the State (Routledge International Studies in Money and Banking)

Der verdrängte Finanznotstand: Zur finanzpolitischen Verantwortlichkeit von Parlament und Regierung sowie zur Rolle des Bundes als Hüter der finanzwirtschaftlichen Souveränität

Der verdrängte Finanznotstand: Zur finanzpolitischen Verantwortlichkeit von Parlament und Regierung sowie zur Rolle des Bundes als Hüter der finanzwirtschaftlichen Souveränität