John L Mikesell
Datos Biográficos
| ID | 706739 |
|---|---|
| NOMBRE | John L Mikesell |
| NOMBRES | John L |
| APELLIDO | Mikesell |
| FIRMA | MIKESELL J L |
| AFILIACIONES | Indiana University |
| VERIFICADO | No |
| TOTAL DE OBRAS | 28 |
| TOTAL DE CITAS | 86 |
| TOTAL COMO AUTOR | 28 |
| TOTAL COMO EDITOR | 0 |
| PRIMER AÑO DE PUBLICACIÓN | 1973 |
| AÑO MÁS RECIENTE DE PUBLICACIÓN | 2021 |
| ÍNDICE H | 5 |
Public Corruption and Pension Underfunding in the American States
Unfunded public pension obligations represent a great challenge for policy makers in the American states. We posit that a part of pension underfunding relates to the level of public corruption. Empirical findings in the article show that funding ratios in public pension funds are inversely related to the incidence levels of corruption in the state, with other fiscal, political, and institutional covariates held constant. We show that this can hap…
Corruption and Tax Structure in American States
We examine the extent to which public corruption influences the tax structure of American states. After controlling for other tax structure influences, we find that states with greater measured public corruption have more complex tax systems, have higher tax burdens, rely more heavily on regressive indirect taxes, and have smaller shares of their tax burdens with initial impact on business. These are significant structural impacts on the tax syst…
Often Wrong, Never Uncertain
Experience in state revenue forecasting humbles and educates the public finance scholar and can inform the public administrator. It teaches the limits of econometrics, the importance of disaggregation, the significance of tax administrators, the utility of causal models, the issue of data problems, the need to understand tax structure, the importance of consensus forecasts, the terror of recessions, and the reality of being wrong. In the Indiana …
Corruption and State and Local Government Debt Expansion
Theories describing rent seeking in the public sector posit a number of negative fiscal outcomes that the choices of corrupt officials may generate. The evidence presented in this article shows that states with greater intensities of public corruption have higher aggregate levels of state and local debt. If corruption in the 10 most corrupt states were only at an average level, their public debt would be 9 percent lower, or about $249.35 per capi…
The Impact of Public Officials’ Corruption on the Size and Allocation of U.S. State Spending
This article demonstrates the impact of public officials’ corruption on the size and allocation of U.S. state spending. Extending two theories of “excessive” government expansion, the authors argue that public officials’ corruption should cause state spending to be artificially elevated. Corruption increased state spending over the period 1997–2008. During that time, the 10 most corrupt states could have reduced their total annual expenditure by …
State Revenue Forecasts and Political Acceptance
Concerns about political biases in state revenue forecasts, as well as insufficient evidence that complex forecasts outperform naive algorithms, have resulted in a nearly universal call for depoliticization of forecasting. This article discusses revenue forecasting in the broader context of the political budget process and highlights the importance of a forecast that is politically accepted—forecast accuracy is irrelevant if the budget process do…
State Tax Policy and State Sales Taxes
Tax expenditure budgets provide a window into intended tax policy. They sort the mixture that adopted tax laws represent by dividing tax structures into provisions that define how revenue is to be raised (tax policy) and provisions that deliver preferences to certain economic entities (budget policy). A review of individual state sales tax expenditure budgets reveals considerable confusion about the tax policy intent of retail sales taxes for dis…
The price tag of economic development incentives
This article explores the impact of property tax abatements on tax rates. Using the case study approach, the research uses data from Monroe County, Indiana, and finds that the impact of abatements on tax rates is negligible. The method consists essentially of calculating the difference between actual tax rates and hypothetical tax rates assuming abatement are not awarded. The results suggest that public officials may see in abatements a symbolic …
Another View of IRS Results
The prospects for general sales taxation in american state and local government finance
The retail sales tax has provided a strong foundation for American state government finance since its beginnings in the Great Depression. However, its position as a productive, reliable, and administrable revenue source is now under challenge from three forces. First, it continues as a tax primarily on purchases of tangible personal property, despite the shift in consumption toward services. Second, the physical presence rule for taxation of sale…
Reforming Budget Systems in Countries of the Former Soviet Union
The countries of the former Soviet Union (FSU) required considerable revision to their budget processes and procedures to establish systems consistent with transformation from controlled dependencies within a larger planned economy to independent governments of fledgling market‐oriented democracies. This article considers the degree to which preexisting, reforming, and reformed budget systems in FSU countries deliver the basic expectations of a p…
Longitudinal Evidence of the Changing Socio‐Economic Profile of a State Lottery Market
This longitudinal study of Indiana lottery expenditures tracks that market from a time when all play was in games offered by other states until the state offered a full portfolio of games. Both the socio‐economic characteristics of players and the nature of their play have changed. Participation doubled when the Indiana games began, and it continues to increase, albeit more slowly. Lottery play is regressive, and has become increasingly regressiv…
Vertical Fiscal Balance and Horizontal Fiscal Diversity in the U.S. Federal System
}The American federal system shows substantial vertical fiscal balance: the level of government that spends closely corresponds to the level that raises revenue to finance that expenditure. This responsibility allows state-local governments great freedom in regard to the size of their public sectors relative to their state economic base, in how they arrange revenue structures to distribute the cost of their public programs through their economies…
What Is Financial Management? Are We Inventing a New Field Here
Mobilizing Resources for Public Services
This article examines potential sources of revenue needed to finance urban services. In formulations for resolving the US urban crisis, answers are unclear and several policy guidelines are suggested. First, political candidates must assess reasonably the cost of public services and avoid blanket assurances of no new or increased taxes. Second, urban local governments must have access to the fiscal resources of the full urban area for which they …
Lottery expenditure in a non-lottery state
Selling Hope
Lotteries in the state fiscal system
State Lotteries and Crime
The impact of having a state lottery on the rate of crime against property in that state is estimated. Arguments in the standard economic model of criminal activity employed here include the unemployment rate, real income per capita, presence of the death penalty in the state as a proxy for general severity of punishment, police officers per capita, the percentage of population between the ages of 5 and 24, and the presence of a state lottery. Be…
The Effect of Maturity and Competition on State Lottery Markets
A note on senatorial mass mailing expenditure and the quest for reelection
State Lotteries as Fiscal Savior or Fiscal Fraud
As early as 1966, the lottery was characterized as fickle form of ' At that time, only New Hampshire had a state lottery. In 1986, the number of lottery states will reach 22 plus the District of Columbia, including almost 60 percent of the nation's population. This increase in the number of lotteries reflects a popularity rare among public revenue sources. For example, 1984 lottery referenda in California, Missouri, Oregon, and West Virginia all …
General Property Reassessment
Many jurisdictions require periodic mass reassessment of real property to bring assessed values closer to market values and to reallocate tax burdens among property types. This paper examines the influence of general reassessment on the tax burden on land relative to that on improvements in Indiana, a state using elected local assessors, statewide mass reassessment on a regular cycle, and assessment of structures at hypothetical reproduction cost…
Election periods and state tax policy cycles
Government Decisions in Budgeting and Taxing
Corruption and State and Local Government Debt Expansion
Theories describing rent seeking in the public sector posit a number of negative fiscal outcomes that the choices of corrupt officials may generate. The evidence presented in this article shows that states with greater intensities of public corruption have higher aggregate levels of state and local debt. If corruption in the 10 most corrupt states were only at an average level, their public debt would be 9 percent lower, or about $249.35 per capi…
Election periods and state tax policy cycles
Corruption and Tax Structure in American States
We examine the extent to which public corruption influences the tax structure of American states. After controlling for other tax structure influences, we find that states with greater measured public corruption have more complex tax systems, have higher tax burdens, rely more heavily on regressive indirect taxes, and have smaller shares of their tax burdens with initial impact on business. These are significant structural impacts on the tax syst…
The Effect of Maturity and Competition on State Lottery Markets
Longitudinal Evidence of the Changing Socio‐Economic Profile of a State Lottery Market
This longitudinal study of Indiana lottery expenditures tracks that market from a time when all play was in games offered by other states until the state offered a full portfolio of games. Both the socio‐economic characteristics of players and the nature of their play have changed. Participation doubled when the Indiana games began, and it continues to increase, albeit more slowly. Lottery play is regressive, and has become increasingly regressiv…
Public Corruption and Pension Underfunding in the American States
Unfunded public pension obligations represent a great challenge for policy makers in the American states. We posit that a part of pension underfunding relates to the level of public corruption. Empirical findings in the article show that funding ratios in public pension funds are inversely related to the incidence levels of corruption in the state, with other fiscal, political, and institutional covariates held constant. We show that this can hap…
State Lotteries and Crime
The impact of having a state lottery on the rate of crime against property in that state is estimated. Arguments in the standard economic model of criminal activity employed here include the unemployment rate, real income per capita, presence of the death penalty in the state as a proxy for general severity of punishment, police officers per capita, the percentage of population between the ages of 5 and 24, and the presence of a state lottery. Be…
What Is Financial Management? Are We Inventing a New Field Here
Mobilizing Resources for Public Services
This article examines potential sources of revenue needed to finance urban services. In formulations for resolving the US urban crisis, answers are unclear and several policy guidelines are suggested. First, political candidates must assess reasonably the cost of public services and avoid blanket assurances of no new or increased taxes. Second, urban local governments must have access to the fiscal resources of the full urban area for which they …
Vertical Fiscal Balance and Horizontal Fiscal Diversity in the U.S. Federal System
}The American federal system shows substantial vertical fiscal balance: the level of government that spends closely corresponds to the level that raises revenue to finance that expenditure. This responsibility allows state-local governments great freedom in regard to the size of their public sectors relative to their state economic base, in how they arrange revenue structures to distribute the cost of their public programs through their economies…
State Tax Policy and State Sales Taxes
Tax expenditure budgets provide a window into intended tax policy. They sort the mixture that adopted tax laws represent by dividing tax structures into provisions that define how revenue is to be raised (tax policy) and provisions that deliver preferences to certain economic entities (budget policy). A review of individual state sales tax expenditure budgets reveals considerable confusion about the tax policy intent of retail sales taxes for dis…
A note on the empirical nature of the taxpayer rebellion
Administration and the Public Revenue System
Public administration has historically concentrated on the production and delivery of public services. Few such services, however, can be provided without the transfer of resources from private to public use. Except in the case of seizure of private resources (commandeering, condemnation, military draft, etc.), public agencies must purchase their resources at prevailing market prices. For the agency to conduct this purchasing activity, it must ha…
Property Tax Resiliency and Pressure on School Finance
Election periods and state tax policy cycles
Government Decisions in Budgeting and Taxing
General Property Reassessment
Many jurisdictions require periodic mass reassessment of real property to bring assessed values closer to market values and to reallocate tax burdens among property types. This paper examines the influence of general reassessment on the tax burden on land relative to that on improvements in Indiana, a state using elected local assessors, statewide mass reassessment on a regular cycle, and assessment of structures at hypothetical reproduction cost…
State Lotteries as Fiscal Savior or Fiscal Fraud
As early as 1966, the lottery was characterized as fickle form of ' At that time, only New Hampshire had a state lottery. In 1986, the number of lottery states will reach 22 plus the District of Columbia, including almost 60 percent of the nation's population. This increase in the number of lotteries reflects a popularity rare among public revenue sources. For example, 1984 lottery referenda in California, Missouri, Oregon, and West Virginia all …
The Effect of Maturity and Competition on State Lottery Markets
A note on senatorial mass mailing expenditure and the quest for reelection
Lotteries in the state fiscal system
State Lotteries and Crime
The impact of having a state lottery on the rate of crime against property in that state is estimated. Arguments in the standard economic model of criminal activity employed here include the unemployment rate, real income per capita, presence of the death penalty in the state as a proxy for general severity of punishment, police officers per capita, the percentage of population between the ages of 5 and 24, and the presence of a state lottery. Be…
Lottery expenditure in a non-lottery state
Selling Hope
Mobilizing Resources for Public Services
This article examines potential sources of revenue needed to finance urban services. In formulations for resolving the US urban crisis, answers are unclear and several policy guidelines are suggested. First, political candidates must assess reasonably the cost of public services and avoid blanket assurances of no new or increased taxes. Second, urban local governments must have access to the fiscal resources of the full urban area for which they …
Vertical Fiscal Balance and Horizontal Fiscal Diversity in the U.S. Federal System
}The American federal system shows substantial vertical fiscal balance: the level of government that spends closely corresponds to the level that raises revenue to finance that expenditure. This responsibility allows state-local governments great freedom in regard to the size of their public sectors relative to their state economic base, in how they arrange revenue structures to distribute the cost of their public programs through their economies…
What Is Financial Management? Are We Inventing a New Field Here
Longitudinal Evidence of the Changing Socio‐Economic Profile of a State Lottery Market
This longitudinal study of Indiana lottery expenditures tracks that market from a time when all play was in games offered by other states until the state offered a full portfolio of games. Both the socio‐economic characteristics of players and the nature of their play have changed. Participation doubled when the Indiana games began, and it continues to increase, albeit more slowly. Lottery play is regressive, and has become increasingly regressiv…
Reforming Budget Systems in Countries of the Former Soviet Union
The countries of the former Soviet Union (FSU) required considerable revision to their budget processes and procedures to establish systems consistent with transformation from controlled dependencies within a larger planned economy to independent governments of fledgling market‐oriented democracies. This article considers the degree to which preexisting, reforming, and reformed budget systems in FSU countries deliver the basic expectations of a p…
The prospects for general sales taxation in american state and local government finance
The retail sales tax has provided a strong foundation for American state government finance since its beginnings in the Great Depression. However, its position as a productive, reliable, and administrable revenue source is now under challenge from three forces. First, it continues as a tax primarily on purchases of tangible personal property, despite the shift in consumption toward services. Second, the physical presence rule for taxation of sale…
Another View of IRS Results
The price tag of economic development incentives
This article explores the impact of property tax abatements on tax rates. Using the case study approach, the research uses data from Monroe County, Indiana, and finds that the impact of abatements on tax rates is negligible. The method consists essentially of calculating the difference between actual tax rates and hypothetical tax rates assuming abatement are not awarded. The results suggest that public officials may see in abatements a symbolic …
State Tax Policy and State Sales Taxes
Tax expenditure budgets provide a window into intended tax policy. They sort the mixture that adopted tax laws represent by dividing tax structures into provisions that define how revenue is to be raised (tax policy) and provisions that deliver preferences to certain economic entities (budget policy). A review of individual state sales tax expenditure budgets reveals considerable confusion about the tax policy intent of retail sales taxes for dis…
The Impact of Public Officials’ Corruption on the Size and Allocation of U.S. State Spending
This article demonstrates the impact of public officials’ corruption on the size and allocation of U.S. state spending. Extending two theories of “excessive” government expansion, the authors argue that public officials’ corruption should cause state spending to be artificially elevated. Corruption increased state spending over the period 1997–2008. During that time, the 10 most corrupt states could have reduced their total annual expenditure by …
State Revenue Forecasts and Political Acceptance
Concerns about political biases in state revenue forecasts, as well as insufficient evidence that complex forecasts outperform naive algorithms, have resulted in a nearly universal call for depoliticization of forecasting. This article discusses revenue forecasting in the broader context of the political budget process and highlights the importance of a forecast that is politically accepted—forecast accuracy is irrelevant if the budget process do…
Corruption and State and Local Government Debt Expansion
Theories describing rent seeking in the public sector posit a number of negative fiscal outcomes that the choices of corrupt officials may generate. The evidence presented in this article shows that states with greater intensities of public corruption have higher aggregate levels of state and local debt. If corruption in the 10 most corrupt states were only at an average level, their public debt would be 9 percent lower, or about $249.35 per capi…
Economics (26 obras) · Political science (20 obras) · Business (18 obras) · Public economics (16 obras) · Fiscal Policy and Economic Growth (15 obras) · Finance (14 obras) · Law (14 obras) · Public finance (12 obras) · Revenue (11 obras) · Law (9 obras)