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In a bad state : responding to state and local budget crises /
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| 자료유형 | E-Book |
|---|---|
| 개인저자 | Schleicher, David, author. |
| 서명/저자사항 | In a bad state :responding to state and local budget crises /David Schleicher. |
| 형태사항 | 1 online resource (xiii, 234 pages) |
| 소장본 주기 | Added to collection customer.56279.3 |
| ISBN | 0197629172 9780197629185 0197629180 9780197629161 0197629164 9780197629178 |
| 서지주기 | Includes bibliographical references and index. |
| 요약 | "Scholars writing about how the federal government should respond to state and local fiscal stress fall into roughly two camps. One group argues that federal bailouts create excessive moral hazard. Another group argues that federal aid is instead a necessary form of macroeconomic stimulus given the pro-cyclical nature of state budgets. While this debate is important, it is incomplete. This chapter will show that there is another consideration that has often been the dominant concern in federal responses to state and local budget crises: maintaining the ability of states and cities to borrow to build infrastructure and make other investments. It will explain how these three interests - avoiding moral hazard, stimulating the economy during recessions, and preserving state capacity to borrow - interact, laying out a "trilemma" at the core of federal responses to state and local budget crises"-- |
| 일반주제명 | Local finance -- United States. Debts, Public -- United States. Federal government -- United States. Infrastructure (Finance) -- United States. |
| 언어 | 영어 |
| 기타형태 저록 | Print version:Schleicher, David.In a bad stateNew York, NY : Oxford University Press, [2023]9780197629154 |
| 대출바로가기 | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=3590077 |
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| No. | 등록번호 | 청구기호 | 소장처 | 도서상태 | 반납예정일 | 예약 | 서비스 | 매체정보 |
|---|---|---|---|---|---|---|---|---|
| 1 | WE00023716 | 336.1/850973 | 가야대학교/전자책서버(컴퓨터서버)/ | 대출가능 |
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