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aid cuts 1 fiscal disparities 1 fiscal equalization 1 intergovernmental aid 1 need–capacity gap 1
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Coyne, David 1 Zhao, Bo 1
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Public Finance Review 1
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A More Equitable Approach to Cutting Intergovernmental Aid
Zhao, Bo; Coyne, David - In: Public Finance Review 43 (2015) 1, pp. 32-52
In response to the recent fiscal crisis, state governments in the United States have deeply cut aid, often by the same percentage across communities. This across-the-board approach ignores local fiscal disparities and places a larger burden on communities in worse underlying fiscal health. This...
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