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The case for countercyclical fiscal capacity (Record no. 26532)

000 -LEADER
fixed length control field 01604naa a2200193uu 4500
001 - CONTROL NUMBER
control field 8060219011210
003 - CONTROL NUMBER IDENTIFIER
control field OSt
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20231018145054.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 080602s2008 xx ||||gr |0|| 0 eng d
999 ## - SYSTEM CONTROL NUMBERS (KOHA)
Koha Dewey Subclass [OBSOLETE] PHL2MARC21 1.1
041 ## - LANGUAGE CODE
Language code of text/sound track or separate title eng
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name HOU, Yilin
9 (RLIN) 34319
245 10 - TITLE STATEMENT
Title The case for countercyclical fiscal capacity
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. New York :
Name of publisher, distributor, etc. Oxford University,
Date of publication, distribution, etc. jan. 2008
520 3# - SUMMARY, ETC.
Summary, etc. A growing literature has sought to demonstrate when and how government capacity links to performance. This article examines those questions in the area of financial management. A basic challenge for state governments is to maintain budgetary stability and program predictability in face of economic downturns. State governments can best meet this challenge by developing what we call countercyclical fiscal capacity (CCFC). We present the concept of CCFC as the creation and use of financial tools that help state governments maintain countercyclical spending and program stability during revenue shocks. We operationalize the concept in terms of fiscal reserves that are used to mitigate emergency-spending cuts and tax increases and analyze the operation of such reserves over a period that includes recessions in 1991 and 2001. We find evidence of the efficacy of CCFC and argue for greater investments in this aspect of government capacity
700 1# - ADDED ENTRY--PERSONAL NAME
9 (RLIN) 16671
Personal name Moynihan, Donald P.
773 08 - HOST ITEM ENTRY
Title Journal of Public Administration Research and Theory - JPART
Related parts 18, 1, p. 139-159
Place, publisher, and date of publication New York : Oxford University, jan. 2008
International Standard Serial Number ISSN 10531858
Record control number
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Periódico
998 ## - LOCAL CONTROL INFORMATION (RLIN)
-- 20080602
Operator's initials, OID (RLIN) 1901^b
Cataloger's initials, CIN (RLIN) Tiago
998 ## - LOCAL CONTROL INFORMATION (RLIN)
-- 20120521
Operator's initials, OID (RLIN) 1031^b
Cataloger's initials, CIN (RLIN) Carolina

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