Great Recession and Fiscal Squeeze at U.S. Subnational Government Level /

Great Recession and Fiscal Squeeze at U.S. Subnational Government Level /

The paper discusses the fiscal impact of the Great Recession of 2007-08 on state and local governments in the United States. It documents the sharp decline in tax revenue and discusses how states responded to close the budget gaps in order to obey the balanced budget provisions. It highligts the pro...

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Bibliografiske detaljer
Hovedforfatter:	Jonas, Jiri
Format:	Tidsskrift
Sprog:	English
Udgivet:	Washington, D.C. : International Monetary Fund, 2012.
Serier:	IMF Working Papers; Working Paper ; No. 2012/184
Online adgang:	Full text available on IMF

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