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...
| Автор: | |
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| Формат: | Журнал |
| Мова: | English |
| Опубліковано: |
Washington, D.C. :
International Monetary Fund,
1992.
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| Серія: | IMF Working Papers; Working Paper ;
No. 1992/112 |
| Онлайн доступ: | Full text available on IMF |