Author: Roy W. BahlPublisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 94
Book Description
Business Cycles and the Fiscal Health of State and Local Governments
Author: Roy W. BahlPublisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 94
Book Description
Brookings Papers on Economic Activity: Fall 2020
Author: Janice EberlyPublisher: Brookings Institution Press
ISBN: 0815739397
Category : Business & Economics
Languages : en
Pages : 452
Book Description
Brookings Papers on Economic Activity (BPEA) provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues.
Hysteresis and Business Cycles
Author: Ms.Valerie CerraPublisher: International Monetary Fund
ISBN: 1513536990
Category : Business & Economics
Languages : en
Pages : 50
Book Description
Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and theoretical literature that motivate this paradigm shift. The renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In recessions, monetary and fiscal policies need to be more active to avoid the permanent scars of a downturn. And in good times, running a high-pressure economy could have permanent positive effects.
The End of Welfare?
Author: Max SawickyPublisher: M.E. Sharpe
ISBN: 9780765604552
Category : Business & Economics
Languages : en
Pages : 268
Book Description
Exploring the consequences of federal devolution on state budgets, this work deals with three major areas of concern: the effect of moving large numbers of welfare recipients into labour markets; the planned federal reforms in the health care field; and trends in federal aid.
State and Local Finance
Author: The administration's 1982 national urban policy report
Author: United States. Congress. Joint Economic CommitteePublisher:
ISBN:
Category :
Languages : en
Pages : 1298
Book Description
The Administration's 1982 National Urban Policy Report: Without special title
Author: United States. Congress. Joint Economic CommitteePublisher:
ISBN:
Category : Federal-city relations
Languages : en
Pages : 650
Book Description
Special Study on Economic Change: State and local finance : admustment in a changing economy ... December 19, 1980
Author: Fiscal Sustainability in Theory and Practice
Author: Craig BurnsidePublisher: World Bank Publications
ISBN: 9780821358740
Category : Business & Economics
Languages : en
Pages : 312
Book Description
Topics discussed in this publication include: an introduction to theoretical and practical aspects of fiscal sustainability; theoretical prerequisites for fiscal sustainability analysis; debt indicators in the measurement of vulnerability; cyclical adjustment of budget surplus; pro-cyclical fiscal policy using Mexico's fiscal accounts as a case study; fiscal rules and the experience of Chile; currency crises and models for deal with financing costs.
Handbook of Local Government Fiscal Health
Author: Helisse LevinePublisher: Jones & Bartlett Publishers
ISBN: 0763792306
Category : Business & Economics
Languages : en
Pages : 574
Book Description
Fiscal health of local governments and municipalities has remained an important issue since the crises of the 1970s in places like New York, Philadelphia and Cleveland. More recently, the bankruptcy of Orange County California raised the possibility of a different type of financial failure than earlier ones. The beginning of the 21st century has witnessed two major economic bubbles including the dotcom and housing bubbles. These economic cycles combined with increasing health care, pension and other structural costs continue to challenge the fiscal viability of many jurisdictions. In particular, the economic and financial crisis of 2007-2008 is likely to result in potentially serious fiscal challenges for local jurisdictions.