Our paper analyzes historical data for New York State on the percentage of school board budget proposals that are defeated each year and panel data that we collected for individual school districts in the state. We find that changes in state aid have little impact on budget vote success....

Our paper analyzes historical data for New York State on the percentagee of school budget proposals that are defeated each year and panel data that we have collected on budget vote success for indvidual school districts in the state. We find that changes in state aid matter, but not as much as...

Our paper analyzes historical data for New York State on the percentagee of school budget proposals that are defeated each year and panel data that we have collected on budget vote success for indvidual school districts in the state. We find that changes in state aid matter, but not as much as...

Our paper analyzes historical data for New York State on the percentage of school board budget proposals that are defeated each year and panel data that we collected for individual school districts in the state. We find that changes in state aid have little impact on budget vote success....

State and local government tax revenues dropped steeply following the most severe housing market contraction since the Great Depression. We identify five main channels through which the housing market affects state and local tax revenues: property tax revenues, transfer tax revenues, sales tax...