Title

State Revenue Shortfalls - Budget Restraints And Policy Alternatives

Title - Alternative

Am. J. Econ. Sociol.

Keywords

Economics; Sociology

Abstract

The budgetary alternatives available to and employed by states to deal with budgetary shortfalls in the early 1980's are examined. The study suggests it may be preferable for states to consider relaxing the self-imposed requirements of an annually balanced budget. The basic conclusion is that policy makers should formulate a rule that considers the opportunity costs of their decisions.

Publication Title

American Journal of Economics and Sociology

Volume

52

Issue/Number

4

Publication Date

1-1-1993

Document Type

Article

Language

English

First Page

385

Last Page

397

WOS Identifier

WOS:A1993MA19900001

ISSN

0002-9246

Share

COinS