Asymmetries in the Response to Increases and Decreases in Intergovernmental Grants: Some Empirical Findings

Uses aggregate time-series data to explore state and local budgetary responses to cuts in federal grant programs. Finds that the "flypaper effect" is two-way (spending falls in response to cuts by about the same magnitude as it rises in response to grant increases).

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Year of publication:	1996
Authors:	Gamkhar, Shama ; Oates, Wallace E.
Published in:	National Tax Journal. - National Tax Association - NTA. - Vol. 49.1996, 4, p. 501-12
Publisher:	National Tax Association - NTA

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Extent:	application/pdf text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010788697