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Do Budget Stabilization Funds Prevent States from Using Budget Gimmicks? Budget Stabilization Funds and Fiscal Behavior of State
Thu, April 7, 8:00 to 9:30am CDT (8:00 to 9:30am CDT), TBABrief Overview
This study explores whether fiscal reserves, such as budget stabilization funds and general fund ending balances, affect fiscal transparency and procyclical budget adjustments, by using panel data from 45 states from 2000 to 2019.