English, Article, Journal or magazine article edition: State and local finances and the macroeconomy: the high-employment budget and fiscal impetus Glenn Follette; Andrea Kusko; Byron Lutz

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/161682
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • State and local finances and the macroeconomy: the high-employment budget and fiscal impetus
Author
  • Glenn Follette
  • Andrea Kusko
  • Byron Lutz
Physical Description
  • preprint
Notes
  • We examine the interplay of the economy and state and local budgets by developing and examining two measures of fiscal policy: the high-employment budget and fiscal impetus. We find that a 1 percentage point increase in cyclical GDP results in a 0.1 percentage point increase in NIPA-based net saving through the automatic response of taxes and expenditures. State and local budget policies are found to be modestly pro-cyclical. Stimulus to aggregate demand is about 0.2 percentage point less following a business cycle peak than it is during the period before the business cycle peak.
  • Finance, Public ; Fiscal policy
  • RePEc:fip:fedgfe:2009-05
Language
  • English
Contributed by
OAIster

Get this edition

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment