Rainy Day Funds and State Government Savings
- 1 September 1999
- journal article
- research article
- Published by University of Chicago Press in National Tax Journal
- Vol. 52 (3) , 459-472
- https://doi.org/10.1086/ntj41789735
Abstract
This paper examines the effect of rainy day funds (RDFs) on state savings behavior. We find that states with RDFs have higher total balances than states without such funds and also have higher bala...Keywords
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