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  1. What do states do with fiscal windfalls?
    evidence from the pandemic
    Autor*in: Clemens, Jeffrey; Giesecke, Oliver; Rauh, Joshua; Veuger, Stan
    Erschienen: [2024]
    Verlag:  American Enterprise Institute, [Washington, DC]

    Using variation in federal pandemic-era fiscal aid to states driven by the strength of political representation, we find that incremental pandemic-era fiscal aid to states was most likely to end up in the categories of general administrative service... mehr

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Using variation in federal pandemic-era fiscal aid to states driven by the strength of political representation, we find that incremental pandemic-era fiscal aid to states was most likely to end up in the categories of general administrative service spending and employee pension benefit funding. Spending on categories that motivated the aid in the first place, such as healthcare, education, and infrastructure, may also have responded but does not show robust patterns. Total state government revenues and expenditures had increased by around 70 cents per incremental windfall dollar of committed federal funds by 2022. Of this, the statistically significant categorical spending effects are 38 cents to general government expenditures (the residual that in principle excludes healthcare, education, infrastructure, and other functional categories) and 7 cents to pension funding, even though the latter use was inconsistent with the objectives of the legislation. The pension contribution increases are driven by the states where public employees have above-median representation on state pension fund boards, where over 14 cents of each marginal dollar went to pension funding.

     
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Auflage/Ausgabe: Updated February 2024
    Schriftenreihe: AEI economics working paper ; 2024, 05 (February 2024)
    Schlagworte: Pandemic fiscal aid; COVID-19; state and local governments; fiscal fundamentals; debt burden; pension funding; debt structure
    Umfang: 1 Online-Ressource (circa 58 Seiten), Illustrationen
  2. Stabilization and adjustment in MENA
    the case of Egypt
    Autor*in: Abdel-Latif, Abla M.; Aboud, Sahar; Said, Rama; Seif, Racha; Dawoud, Ahmed
    Erschienen: [2023]
    Verlag:  Economic Research Forum (ERF), Dokki, Giza, Egypt

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Export in Literaturverwaltung   RIS-Format
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: ERF working papers series ; no. 1663 (November 2023)
    Schlagworte: debt burden; budget deficit; internal challenges; present crisis; vicious circle; scenarios; institutional disorders; evidence-based analysis; institutional reform; high road for development; macroeconomic indicators; fiscal policy; monetary policy
    Umfang: 1 Online-Ressource (circa 46 Seiten), Illustrationen
  3. What do states do with fiscal windfalls?
    evidence from the pandemic
    Autor*in: Clemens, Jeffrey; Giesecke, Oliver; Rauh, Joshua; Veuger, Stan
    Erschienen: [2024]
    Verlag:  [Stanford Graduate School of Business], [Stanford, CA]

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    Standort:
    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Export in Literaturverwaltung   RIS-Format
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    Schriftenreihe: [Stanford University Graduate School of Business research paper ; no. 4742072]
    Schlagworte: Pandemic fiscal aid; COVID-19; state and local governments; fiscal fundamentals; debt burden; pension funding; debt structure
    Umfang: 1 Online-Ressource (circa 57 Seiten), Illustrationen