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State Government Finances: World War II to the Current Crises (ICPSR 1300)
Principal Investigator(s): Garrett, Thomas A., Federal Reserve Bank of St. Louis; Wagner, Gary A., Federal Reserve Bank of St. Louis
This article examines the current state budget crises from a historical perspective. The role of major expenditures and revenue sources in the context of the current slowdown and how reliance on various revenue sources has changed since World War II are addressed. Tax revenue variability over the business cycles and the use of nontraditional revenue sources, such as state lotteries and casino gaming, are also discussed. The article further comments on the role of fiscal institutions, such as tax and expenditure limitation laws, rainy day funds, and balanced budget rules, in state budgeting and finance.
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Garrett, Thomas A., and Gary A. Wagner. State Government Finances: World War II to the Current Crises. ICPSR01300-v1. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2004-08-12. http://doi.org/10.3886/ICPSR01300.v1
Persistent URL: http://doi.org/10.3886/ICPSR01300.v1
Scope of Study
Geographic Coverage: United States
Data Collection Notes:
File submitted is the data file 0403tgd.txt. These data are part of ICPSR's Publication-Related Archive and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.
Original ICPSR Release: 2004-08-12
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