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Title
Local government budget stabilization [electronic resource] : explorations and evidence / Yilin Hou, editor.
ISBN
9783319151861 electronic book
331915186X electronic book
9783319151854
3319151851
Published
Cham : Springer, 2015.
Language
English
Description
1 online resource (210 pages) : illustrations.
Item Number
10.1007/978-3-319-15186-1 doi
Call Number
JA66
Dewey Decimal Classification
320
Summary
This book is the first comprehensive, full-scale treatment of the politics, law, and economics with regard to the policies and policy instruments for budget stabilization at the local level. It examines budget stabilization in the United States from the 1910s to 2010 (from adoption of public budgeting in this country through the Great Recession). In addition, it provides details on the methods and results of empirical tests of the effects of budget stabilization instruments on government operations, key/basic services provision, and some other aspects of social and economic life at the local level, including full-purpose governments (county, metro city, municipality, township, and village) as well as special (single-) purpose governments (like school districts and transportation districts). This book dissects an important and pressing issue in public financial administration, analyzes a lesson that has been in the learning process, especially in the United States, and identifies theoretical threads for scholarly refinement, which will be put into specific contexts of policy design and implementation. This book will be of interest to scholars in political science, economics, public choice and in public administration, where it will also appeal to policy-makers.
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Access limited to authorized users.
Source of Description
Description based on print version record.
Series
Studies in public budgeting (Springer (Firm)) ; 2.
Introduction and Overview
Part I: Theoretical Framework
Budget Stabilization at the Local Level
Parameters in the Study of Local Government Budget Stabilization
Part II: Evidence from General and Single Purpose Governments
Metropolitans: nationwide
Counties: North Carolina
Municipalities: Wisconsin
School districts: New York
Transportation districts: California
Part III: Impacts on Financial Management
Local Savings and State-Local Grants
Pension systems
Local Option Sales Tax and Revenue Smoothing
Part V: Retrospect and Prospect on Counter-Cyclical Fiscal Policy
Retrospect and Prospect on Counter-Cyclical Fiscal Policy
Conclusion.
