Abstract
This study explores the impact of state-imposed fiscal rules on municipal fiscal outcomes. It provides a recent profile of state-imposed fiscal rules. Further, with particular attention to the years before, during, and after the Great Recession, this study tests whether municipal fiscal outcomes vary depending on the institutional configuration of state-imposed fiscal rules. This study identifies that there has been a large variation in the institutional design of state-imposed fiscal rules at least since 1991. Using the Government Finance Officers Association’s financial indicator database from 2006 to 2011, this study finds that different rule compositions have distinctive impacts on municipal fiscal outcomes.
Get full access to this article
View all access options for this article.
References
Supplementary Material
Please find the following supplemental material available below.
For Open Access articles published under a Creative Commons License, all supplemental material carries the same license as the article it is associated with.
For non-Open Access articles published, all supplemental material carries a non-exclusive license, and permission requests for re-use of supplemental material or any part of supplemental material shall be sent directly to the copyright owner as specified in the copyright notice associated with the article.
