Volatile states : institutions, policy, and the performance of American state economies

Bibliographic Information

Volatile states : institutions, policy, and the performance of American state economies

W. Mark Crain

University of Michigan Press, 2003

Available at  / 10 libraries

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Includes bibliographical references and index

Description and Table of Contents

Table of Contents

Champions of the state growth league --The end of state income convergence -- Volatile states: estimates of the risk-return trade-off -- Demise of the state sales tax -- Economic consequences of state tax policy -- Reliability of revenues from alternative tax instruments -- State budgets outgrow state incomes -- Fiscal uncertainty -- Political ideology and other drivers of state budget priorities -- Fresh perspectives on familiar problems.

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