Business Cycles and the Fiscal Health of State and Local Governments
Author: Roy W. Bahl
Publisher:
Published: 1985
Total Pages: 94
ISBN-13:
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Brookings Papers on Economic Activity: Fall 2020
Author: Janice Eberly
Publisher: Brookings Institution Press
Published: 2021-06-22
Total Pages: 452
ISBN-13: 0815739397
DOWNLOAD EBOOKBrookings 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.
Brookings Papers on Economic Activity: Spring 2017
Author: Janice Eberly
Publisher: Brookings Institution Press
Published: 2017-10-10
Total Pages: 484
ISBN-13: 081573252X
DOWNLOAD EBOOKBrookings 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 Cerra
Publisher: International Monetary Fund
Published: 2020-05-29
Total Pages: 50
ISBN-13: 1513536990
DOWNLOAD EBOOKTraditionally, 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 Sawicky
Publisher: M.E. Sharpe
Published: 1999
Total Pages: 268
ISBN-13: 9780765604552
DOWNLOAD EBOOKExploring 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.
The administration's 1982 national urban policy report
Author: United States. Congress. Joint Economic Committee
Publisher:
Published: 1983
Total Pages: 1298
ISBN-13:
DOWNLOAD EBOOKThe Administration's 1982 National Urban Policy Report: Without special title
Author: United States. Congress. Joint Economic Committee
Publisher:
Published: 1983
Total Pages: 650
ISBN-13:
DOWNLOAD EBOOKSpecial Study on Economic Change: State and local finance : admustment in a changing economy ... December 19, 1980
Author:
Publisher:
Published: 1980
Total Pages: 196
ISBN-13:
DOWNLOAD EBOOKHandbook of Local Government Fiscal Health
Author: Helisse Levine
Publisher: Jones & Bartlett Publishers
Published: 2012
Total Pages: 574
ISBN-13: 0763792306
DOWNLOAD EBOOKFiscal 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.
