A Scenario-Based Analysis of Budget Stabilization Fund Optimization in U.S. States

• In Event: Public Budgeting and Finance

Brief Overview

This study explores the optimal level of Budget Stabilization Funds for U.S. states, using scenario-based analysis, including Monte Carlo Simulations, to assess fund adequacy under various economic conditions, offering insights for fiscal stability.

Authors

• Eunjoo Choi, Murray State University

• Jacob Choi, MarshMcLennan