Fiscal Federalism and Economic Crises in the United States
Lessons from the Covid-19 Pandemic and Great Recession
Bibliographic Data
| ID | 6374665 |
|---|---|
| Authors | Mariely López-Santana (George Mason University), Mariely López‐santana (0000-0002-9277-6230), Philip Rocco (0000-0001-5971-7039, Marquette University) |
| Year | 2021 |
| Volume | 51 |
| Issue | 3 |
| Pages | 365-395 |
| Publication date | 2021-07-26 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Publius The Journal of Federalism (JOURNAL) |
| Journal identifiers | ISSN: 0048-5950 • E-ISSN: 1747-7107 |
| Publisher | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.1093/publius/pjab015 |
| PMID | 34394701 |
| OpenAlex | W3176871293 |
| Language | EN |
| Citations received | 20 |
| References cited | 27 |
The architecture of fiscal federalism in the United States represents an obstacle for prompt and comprehensive policy responses to economic crises, especially by subnational levels of government. As both a public health and economic crisis, the COVID-19 pandemic has put unique fiscal pressures on subnational governments. This article reviews the pandemic’s fiscal effects on these governments, as well as the federal government’s response. By comparing the response to the COVID-19 crisis during the Trump administration with the response to the Great Recession during the Obama administration, we show that while the speed and magnitude of federal aid was unprecedented in 2020, it was nevertheless conditional in nature and beset by familiar political and institutional obstacles. Despite major fiscal pressures, state revenues rebounded earlier than expected, in part due to the relaxation of public health measures and the collection of taxes from online transactions; yet, state resources remained strained throughout the year, especially in states reliant on the hospitality and the oil sectors. And while local property taxes were buoyed by a surging housing market, cities and counties were confronted with declining revenue from other sources and intense emergency spending needs. Thus, despite unprecedented levels of federal support for state and local governments, the legacies of “fend for yourself” federalism live on
Business · Decentralization · Development economics · Economic policy · Economics · Federalism · fiscal federalism · Government (linguistics · Macroeconomics · Market economy · Political science · Politics · Recession · Revenue · State (computer science · Fiscal Policies and Political Economy · Fiscal Policy and Economic Growth · Local Government Finance and Decentralization · Finance
Putting Federalism in Its Place
The What and Hows of Local Fiscal Condition in South Korea
Sheriffs, right‐wing extremism, and the limits of U.S. federalism during a crisis
Instruments for Stimulating Regional Development in Russia as Perceived by Regional Officials
Do balanced budget practices of U.S. states make sense? Alternatives from the Eurozone
Understanding the post-Covid state and its geographies
Challenging austerity under the Covid-19 state
Covid Keynesianism
Ideology, political polarisation and agility of policy responses
Economic stimulus measures in the pandemic
Using National Data Sources to Compare Subnational Policies
Emerging issues and new frontiers in federalism, regionalism and territorial governance
Fiscal asymmetry and subnational social spending
A Tale of Two Crises
Price-shifting fungibility
American Federalism and Health Policy Spillovers
Fiscal Federalism, Arpa, and the Politics of Repair
Proceed with caution
The other side of chaos Covid-19, federal spending, and local government volatility
Face mask mandates
Timing of State and Territorial Covid-19 Stay-at-Home Orders and Changes in Population Movement — United States, March 1–May 31, 2020
Stuck in neutral? Federalism, policy instruments, and counter-cyclical responses to Covid-19 in the United States
Seeking Patterns in Chaos
State Responses to Fiscal Crises
How State Responses to Economic Crisis Shape Income Inequality and Financial Well-Being
Fiscal Responses to Covid ‐19
Federalism and Central bank Independence
The State of American Federalism, 1990–1991
The State of American Federalism 2010-2011
Fragmented Federalism
The State of American Federalism 2011-2012
Inflection Point? Federalism and the Obama Administration
The State of American Federalism 2019–2020
States Divided
For Richer or Poorer
State Fiscal Policy during the Great Recession
| Unique citing works | 20 |
|---|---|
| Citations per year | 5 |
| Citation span | 2022 - 2026 (5) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 20 |