Post-Corona Balanced-Budget Super-Stimulus: The Case for Shifting Taxes onto Land

2021 ◽  
Author(s):  
Michael Kumhof ◽  
T. Nicolaus Tideman ◽  
Michael Hudson ◽  
Charles A.E. Goodhart
Keyword(s):  
Balanced Budget

Economic Effects of 2004-2009 Tax Reforms: Retrospective Analysis

2012 ◽  
pp. 108-123
Author(s):  
E. Penukhina ◽  
D. Belousov ◽  
K. Mikhailenko
Keyword(s):  
Retrospective Analysis ◽  
Tax Policy ◽  
Economic Effects ◽  
Tax Policies ◽  
Policy Changes ◽  
Tax Reforms ◽  
Russian Economy ◽  
Balanced Budget ◽  
Budget System

The article determines, describes and analyzes phases of tax reforms in Russia. We estimate macroeconomic and fiscal effects of various tax policies held during the second and third phases of tax reforms. The necessity of providing a balanced budget system, as well as complex assessment of effects of tax policy changes for the development of the Russian economy is noted.

CLARIFYING CONFUSION ABOUT THE BALANCED BUDGET AMENDMENT

1995 ◽  
Vol 48 (3) ◽  
pp. 347-355
Author(s):  
JAMES M. BUCHANAN
Keyword(s):  
Balanced Budget

Effective Tool or Effectively Hollow? Balanced Budget Legislation in Western Canada

2012 ◽  
Vol 38 (3) ◽  
pp. 291-313
Author(s):  
WAYNE SIMPSON ◽  
JARED J. WESLEY
Keyword(s):  
Western Canada ◽  
Balanced Budget

Medicare+Choice Provisions In The Balanced Budget Act Of 1997

1998 ◽  
Vol 17 (4) ◽  
pp. 224-231 ◽  
Author(s):  
Sandra Christensen
Keyword(s):  
Balanced Budget Act ◽  
Balanced Budget

Balanced Budget Requirements Revisited

2021 ◽  
Vol 49 (5) ◽  
pp. 635-672
Author(s):  
Sharon N. Kioko ◽  
Michelle L. Lofton
Keyword(s):  
Empirical Analysis ◽  
Financial Statements ◽  
General Fund ◽  
Fund Balance ◽  
Fund Balances ◽  
Balanced Budget ◽  
Using Data ◽  
Balanced Budget Requirements

We test the effect of balanced budget requirements (BBRs) on budget outcomes using data published in audited financial statements. With a focus on the General Fund, we find states frequently reported deficits in their adopted budgets and relied on sizeable and favorable expenditure variances to close budget gaps before the end of the budget period. Empirical analysis shows that technical or strict BBRs procedures did not increase the likelihood that a state would report a balanced budget. We corroborate our findings using fund balance data. If technical or strict BBRs are effective, states would report higher fund balances, all else equal. Results show that states that adopted political BBRs reported lower fund balances. More importantly, the adoption of strict or technical BBRs did not lead to higher fund balances.

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