City Finances and the National Economy
Bibliographic Data
| ID | 6375600 |
|---|---|
| Authors | Roy Bahl (0000-0001-7936-6985), Jorgez Martínez-Vázquez (0000-0003-2230-9204), David L Sjoquist (0000-0002-3020-6267) |
| Year | 1992 |
| Publication date | 1992-01-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| 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/oxfordjournals.pubjof.a038029 |
| OpenAlex | W2068892738 |
| Language | EN |
| Citations received | 3 |
City governments were better prepared to face the 1990–1992 recession than were state governments, and they adjusted their budgets with relatively less fanfare. The absence of widespread bankruptcy notwithstanding, the fiscal position of cities has deterioratedandsome ofthe necessary adjustments were painful. Services were reduced as real per capita expenditure growth declined, taxes were increased, and the entire local government sector remained in deficit during the past six years. The problem has not been softened by federal or state policies; in fact, the flow of both federal and state aid slowed markedly during the late 1980s. A combination of economic and social forces suggests that many of the nation's older cities will not outgrow this fiscal stress and their budgetary well-being will be more dependent on state and federal policies
Bankruptcy · Debt · Deficit spending · Development economics · Economic policy · Economics · Government (linguistics · Macroeconomics · Market economy · Per capita · Position (finance · Recession · Slow growth · State (computer science · Fiscal Policies and Political Economy · Fiscal Policy and Economic Growth · Local Government Finance and Decentralization · Finance
| Unique citing works | 3 |
|---|---|
| Citations per year | 0,1 |
| Citation span | 1996 - 2020 (25) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 3 |