메뉴 건너뛰기




Volumn 35, Issue 4, 2007, Pages 530-544

Budget rules and state business cycles

Author keywords

Balanced budget rules; Business cycles; Stabilization policy; State level public finance

Indexed keywords


EID: 34250008549     PISSN: 10911421     EISSN: 15527530     Source Type: Journal    
DOI: 10.1177/1091142106295761     Document Type: Article
Times cited : (14)

References (29)
  • 2
    • 84974326012 scopus 로고
    • Divided government, fiscal institutions, and budget deficits: Evidence from the states
    • Alt, James E., and Robert C. Lowry. 1994. Divided government, fiscal institutions, and budget deficits: Evidence from the states. American Political Science Review 88 (4). 811-28.
    • (1994) American Political Science Review , vol.88 , Issue.4 , pp. 811-28
    • Alt James, E.1    Lowry., R.C.2
  • 3
    • 0242313917 scopus 로고    scopus 로고
    • Is there a role for discretionary fiscal policy
    • Kansas City, MO: Federal Reserve Bank of Kansas City
    • Auerbach, Alan J. 2002. Is there a role for discretionary fiscal policy ? In Rethinking Stabilization Policy, 109-50. Kansas City, MO: Federal Reserve Bank of Kansas City.
    • (2002) Rethinking Stabilization Policy, 109-50
    • Auerbach Alan, J.1
  • 4
    • 0038312467 scopus 로고    scopus 로고
    • Political institutions and policy choices: Evidence from the United States
    • Besley, Timothy, and Anne Case. 2003. Political institutions and policy choices: Evidence from the United States. Journal of Economic Literature 41 (1). 7-73.
    • (2003) Journal of Economic Literature , vol.41 , Issue.1 , pp. 7-73
    • Timothy, B.1    Case, A.2
  • 5
    • 0036866084 scopus 로고    scopus 로고
    • An empirical characterization of the dynamic effects of changes in government spending and taxes on output
    • Blanchard, Olivier, and Roberto Perotti. 2002. An empirical characterization of the dynamic effects of changes in government spending and taxes on output. Quarterly Journal of Economics 117 (4). 1329-68.
    • (2002) Quarterly Journal of Economics , vol.117 , Issue.4 , pp. 1329-68
    • Olivier, B.1    Perotti, R.2
  • 9
    • 84888780750 scopus 로고    scopus 로고
    • The long and short of it: Recent trends and cycles in the third district states
    • Philadelphia, PA: Federal Reserve Bank of Philadelphia
    • Crone, Theodore M. 2003. The long and short of it: Recent trends and cycles in the third district states. Business Review (3rd quarter): 29-37. Philadelphia, PA: Federal Reserve Bank of Philadelphia.
    • (2003) Business Review (3rd Quarter) , pp. 29-37
    • Crone Theodore, M.1
  • 10
    • 0031565682 scopus 로고    scopus 로고
    • The link between volatility and growth: Evidence from the states
    • Dawson, John W., and E. Frank Stephenson. 1997. The link between volatility and growth: Evidence from the states. Economics Letters 55 (3). 365-9.
    • (1997) Economics Letters , vol.55 , Issue.3 , pp. 365-9
    • Dawson John, W.1    Frank Stephenson., E.2
  • 11
    • 34250006800 scopus 로고    scopus 로고
    • Five questions about business cycles
    • San Francisco, CA: Federal Reserve Bank of San Francisco.
    • Diebold, Francis X., and Glenn D. Rudebusch. 2001. Five questions about business cycles. Economic Review 1-15. San Francisco, CA: Federal Reserve Bank of San Francisco.
    • (2001) Economic Review , pp. 1-15
    • Diebold Francis, X.1    Rudebusch., G.D.2
  • 12
    • 43949149874 scopus 로고
    • The political economy of fiscal restrictions: Implications for Europe from the United States
    • Eichengreen, Barry, and Tamin Bayoumi. 1994. The political economy of fiscal restrictions: Implications for Europe from the United States. European Economic Review 38 (3-4). 783-91.
    • (1994) European Economic Review , vol.38 , Issue.3-4 , pp. 783-91
    • Barry, E.1    Bayoumi, T.2
  • 13
    • 0001891460 scopus 로고
    • Restraining yourself: The implications of fiscal rules for economic stabilization
    • . 1995. Restraining yourself: The implications of fiscal rules for economic stabilization. IMF Staff Papers 42 (1). 32-48.
    • (1995) IMF Staff Papers , vol.42 , Issue.1 , pp. 32-48
  • 14
    • 30544434053 scopus 로고    scopus 로고
    • The macroeconomic effects of fiscal rules in the US States
    • Fats, Antonio, and Ilian Mihov. 2006. The macroeconomic effects of fiscal rules in the US States. Journal of Public Economics 90 (1-2). 101-17.
    • (2006) Journal of Public Economics , vol.90 , Issue.1-2 , pp. 101-17
    • Antonio, F.1    Mihov, I.2
  • 17
    • 0036081148 scopus 로고    scopus 로고
    • Has fiscal policy helped stabilize the postwar U.S. economy?
    • Jones, John B. 2002. Has fiscal policy helped stabilize the postwar U.S. economy? Journal of Monetary Economics 49 (4). 709-46.
    • (2002) Journal of Monetary Economics , vol.49 , Issue.4 , pp. 709-46
    • Jones John, B.1
  • 18
    • 0042148977 scopus 로고    scopus 로고
    • A survey of the impact of budget rules on state taxation, spending, and debt
    • Krol, Robert. 1997. A survey of the impact of budget rules on state taxation, spending, and debt. Cato Journal 16 (3). 295-307.
    • (1997) Cato Journal , vol.16 , Issue.3 , pp. 295-307
    • Robert, K.1
  • 19
    • 0001043565 scopus 로고
    • Let's take the con out of econometrics
    • Leamer, Edward E. 1983. Let's take the con out of econometrics. American Economic Review 73 (1). 31-43.
    • (1983) American Economic Review , vol.73 , Issue.1 , pp. 31-43
    • Leamer Edward, E.1
  • 20
    • 0000614615 scopus 로고    scopus 로고
    • Balanced budgets and business cycles: Evidence from the states
    • Levinson, Arik. 1998. Balanced budgets and business cycles: Evidence from the states. National Tax Journal 51 (4). 715-32.
    • (1998) National Tax Journal , vol.51 , Issue.4 , pp. 715-32
    • Arik, L.1
  • 22
    • 0000206660 scopus 로고
    • State responses to fiscal crises: The effects of budgetary institutions and politics
    • Poterba, James M. 1994. State responses to fiscal crises: The effects of budgetary institutions and politics. Journal of Political Economy 102 (4). 799-821.
    • (1994) Journal of Political Economy , vol.102 , Issue.4 , pp. 799-821
    • Poterba James, M.1
  • 23
    • 0001441246 scopus 로고
    • Balanced budget rules and fiscal policy: Evidence from the states
    • . 1995. Balanced budget rules and fiscal policy: Evidence from the states. National Tax Journal 48 (3). 329-36.
    • (1995) National Tax Journal , vol.48 , Issue.3 , pp. 329-36
  • 24
    • 0003313160 scopus 로고    scopus 로고
    • Do budget rules work?
    • Cambridge, MA: MIT Press.
    • . 1997. Do budget rules work? In Fiscal Policy, edited by Alan J. Auerbach, 53-86. Cambridge, MA: MIT Press.
    • (1997) Fiscal Policy , pp. 53-86
    • Alan, J.1    Auerbach2
  • 25
    • 0000575845 scopus 로고
    • Cross country evidence on the link between volatility and growth
    • Ramey, Garey, and Valerie A. Ramey. 1995. Cross country evidence on the link between volatility and growth. American Economic Review 85 (5). 1138-51.
    • (1995) American Economic Review , vol.85 , Issue.5 , pp. 1138-51
    • Garey, R.1    Ramey., V.A.2
  • 27
    • 0035016209 scopus 로고    scopus 로고
    • Output fluctuations and fiscal policy: U.S. state and local governments 1978-1994
    • Sorensen, Bent E., Lisa Wu, and Ored Yosha. 2001. Output fluctuations and fiscal policy: U.S. state and local governments 1978-1994. European Economic Review 47 (7). 1271-1310.
    • (2001) European Economic Review , vol.47 , Issue.7 , pp. 1271-1310
    • Sorensen Bent, E.1    Wu, L.2    Yosha, O.3
  • 29
    • 0000095552 scopus 로고
    • A heteroskedastic-consistent covariance matrix estimator and a direct test of heteroskedasticity
    • White, Halbert. 1980. A heteroskedastic-consistent covariance matrix estimator and a direct test of heteroskedasticity. Econometrica 48 (4). 827-38.
    • (1980) Econometrica , vol.48 , Issue.4 , pp. 827-38
    • Halbert, W.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.