Growth and Variability in State Tax Revenue : An Anatomy of State Fiscal Crises. Randall G. Holcombe, Russell S. Sobel.

Growth and Variability in State Tax Revenue : An Anatomy of State Fiscal Crises

Westport CT: Greenwood Press, 1997.

First Edition; First Printing. Hardcover. Very Good with no dust jacket. Item #10612
ISBN: 0313304238

Library stamps/marks/labels/slip, otherwise light wear. Solid hardcover.; "Having developed our methodology, we applied it more broadly to look at different types of taxes, and to complare cyclical variability of revenues across states. For purposes of public policy, we conclude that while there are a few policy changes that could reduce cyclical variability of revenue to a degree ... state revenues will always exhibit a substantial amount of cyclical variability. Thus we recommend that state policy makers accommodate the inevitable cyclical variability in revenues by smoothing expenditures over the business cycle. This led us to analyze state rainy day funds as a method of smoothing expenditures ..." - Preface. ; Contributions in Economics and Economic History; Ex-Library; Vol. 189; xvi, 203 pages.

Price: $69.95

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