State Government Finances: World War II to the Current Crises

Resource Type
Dataset : survey data
  • Garrett, Thomas A. (Federal Reserve Bank of St. Louis)
  • Wagner, Gary A. (Federal Reserve Bank of St. Louis)
Other Title
  • Archival Version (Subtitle)
Publication Date
Free Keywords
budgets; economic crises; government expenditures; government revenues; states (USA)
  • Abstract

    This article examines the current state budget crises from a historical perspective. The role of major expenditures and revenue sources in the context of the current slowdown and how reliance on various revenue sources has changed since World War II are addressed. Tax revenue variability over the business cycles and the use of nontraditional revenue sources, such as state lotteries and casino gaming, are also discussed. The article further comments on the role of fiscal institutions, such as tax and expenditure limitation laws, rainy day funds, and balanced budget rules, in state budgeting and finance.
  • Table of Contents


    • DS1: Dataset
Geographic Coverage
  • United States
Collection Mode
  • File submitted is the data file 0403tgd.txt. These data are part of ICPSR's Publication-Related Archive and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.

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Alternative Identifiers
  • 1300 (Type: ICPSR Study Number)
  • Is previous version of
    DOI: 10.3886/ICPSR01300.v1
  • Garrett, Thomas A., Wagner, Gary A.. State Government Finances: World War II to the Current Crises. Federal Reserve Bank of St. Louis Review.86, (2), 9-26.2004.

Update Metadata: 2015-08-05 | Issue Number: 6 | Registration Date: 2015-06-15