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Abstract

Keywords

balanced budget rules business cycles stabilization policy state-level public finance

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References

Krol, Robert , and Shirley Svorny. 2007. Budget rules and state business cycles. Public Finance Review 35 (4): 530-544.

Levinson, Arik. 1998. Balanced budgets and business cycles: Evidence from the states. National Tax Journal 51 (4): 715-32.

U.S. General Accounting Office. 1993. Balanced Budget Requirements: State Experiences and Implications for the Federal Government. Briefing Report to the Chairman, Rep. GAO/ AFMD-93-58BR. Washington, DC: Committee on the Budget, House of Representatives .