|
|
|
|
||||
|
||||
Improving the Impact of Federal Aid to the StatesRick MattoonFederal Reserve Bank of Chicago Vanessa Halecoaffiliation not provided to SSRN Taft FosterFederal Reserve Banks - Federal Reserve Bank of Chicago August 9, 2010 Economic Perspectives, Vol. 34, No. 3, 2010 Abstract: In response to recessions beginning in 1975, 2001, and 2007, the federal government provided financial aid to states with the dual goals of stabilizing state finances and stimulating the economy. The timing of fund provision and the ultimate allocation of funds were often less than optimal. The authors look at how to design a more effective process for starting and stopping state aid.
Number of Pages in PDF File: 17 Keywords: counter cyclical federal aid; state budget response to the business cycle; automatic triggers JEL Classification: H11, H70, H71, H72 Accepted Paper SeriesDate posted: August 9, 2010Suggested CitationContact Information
|
|
||||||||||||||||||
© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.
FAQ
Terms of Use
Privacy Policy
Copyright
This page was processed by apollo2 in 0.672 seconds
