U.S. State and Local Government Finances Over the Current Cycle /

The recent slowdown in the U.S. economy has led to state and local government tax increases and expenditure cuts that have lowered aggregate demand, in contrast to earlier downturns when the sector provided significant automatic stabilizers. Several explanations for this change are examined, includi...

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Detalhes bibliográficos
Autor principal: Bayoumi, Tamim
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1992.
Colecção:IMF Working Papers; Working Paper ; No. 1992/112
Acesso em linha:Full text available on IMF