Public Budgeting & Finance
@pbaf_journal
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Public Budgeting & Finance is the premier academic journal for cutting-edge research on budgeting & financial management in the public sector.
Bloomington, IN
Joined January 2018
Check out this article by Drs. Brunner, Schwegman and Simonsen! Using robust methods, find the higher the growth of Hispanic families in a school district, the less non-Hispanic White families trust the district and are less willing to pay more in taxes.
onlinelibrary.wiley.com
Research suggests that increased racial and ethnic diversity can result in under-provisioning of public services. The United States is increasingly diverse, and the Hispanic community is one of the...
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New article alert! 🚨 Dr. Eisenhauer's article discusses the firearm and ammunition taxes in California and Colorado. By failing to consider price elasticities, these states overestimated revenue meaning that budgets will not be fulfilled. Read more here:
onlinelibrary.wiley.com
California and Colorado recently enacted ad valorem excise taxes on firearms and ammunition, earmarking the tax revenues for public safety and victim services. But revenue collections in California...
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Check out the article by Dr. Savage and Dr. Whitener where they compare the FY 2018 and FY 2025 federal budgets. Both formed under unified Republican control. Reconciliation sustained tax policy over engaging with mandatory spending growth. Read more here:
onlinelibrary.wiley.com
The Trump administration produced federal budget proposals in both FY 2018 and FY 2025 under unified Republican control. The first prioritized tax cuts and deregulation, while the second also...
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Check out our latest article! Drs. Ivonchyk and Kim find that year-to-year revisions in MD&As have declined over time, but the decline is less for governments with higher auditor compensation and those governments with changes in long-term cash solvency:
onlinelibrary.wiley.com
For over two decades, state and local government financial reports have included MD&A to provide qualitative insights complementing financial statements. However, concerns exist about its generality...
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Read Dr. Doan's new article to learn more about fiscal decentralization and its effects on public services and efficiency of delivery. He finds decentralization is negatively associated with tax compliance time, particularly in developing countries:
onlinelibrary.wiley.com
This paper investigates the impact of fiscal decentralization on tax compliance time. I postulate that fiscal decentralization is a means of inducing better targeting of public services and enhanci...
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In Drs Badawy and Husseiny new article "Measuring Fiscal Policy Uncertainty: The Case of Egypt," the authors explore fiscal policy's effect on economic factors and offer up a quantitative composite index they apply to Egypt from 1982 to 2023. Read it now:
onlinelibrary.wiley.com
Fiscal policy is a key tool for achieving economic and fiscal stability, and uncertainty about it significantly affects the economic decisions on investment, employment, consumption, and saving....
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Read this book review of covering Fixing Social Security: The Politics of Reform in a Polarized Age by R. Douglas Arnold. In this book review, Dr. White provides background and context, summarizes the contents and contributions, and offers a commentary:
onlinelibrary.wiley.com
In this book R. Douglas Arnold presents a masterful analysis of the challenge of altering Social Security law to avoid funding shortfalls that would require large benefit reductions. He bases his...
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🚨Hot off the press🚨 Check out our latest article by Dr. Douglas and his co-authors on "Budgeting for Innovation: How Funding Strategies Enable or Constrain Public Sector Experimentation" to learn more about earmarked and hodgepodge funding of experiments https://t.co/Gp5CEDBKZb
onlinelibrary.wiley.com
We investigate how different funding strategies influence the incentives and capacities of government organizations to undertake experiments. We focus on the effects of “earmarked” vs. “hodgepodge”...
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Check out our latest article by @gutiker and co-authors on "Understanding the Relationship Between Municipal Structure and Size, Depopulation and Default Risk." Their results shed light on government loans targeting repopulating small municipalities:
onlinelibrary.wiley.com
Several international organizations and research scholars have concluded that two of the main problems in the management of public services are high public debt and increasing depopulation. It is...
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Dr. Abotsi's new article analyzes cross-country public debt policy, budget and financial management systems, and public debt. The study finds that improvements in debt management strategies and budget and financial management practices reduce debt per GDP:
onlinelibrary.wiley.com
This study analyzes the relationship between cross-country public debt policies, budgetary and financial management systems, as a path to sustainable public debt in African countries. The generaliz...
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"Competition or Cooperation?" asks Drs. Mughan and Singla in their study of traffic ticket revenues among state and local law enforcement agencies. Read their article for what happens when local governments keep citation revenues v. when they do not.
onlinelibrary.wiley.com
Governments often interact in public service provision, sometimes competing for resources and other times cooperating to improve efficiency. In traffic enforcement, state and local agencies share...
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Check out this article by Drs. Choi and Wu on the impact of Budget Stabilization Fund rules on saving and spending behaviors in US states. Their article reveals that stringent deposit rules, and revenue volatility ties, enhance BSF levels. Read more here:
onlinelibrary.wiley.com
This study examines the impact of Budget Stabilization Fund (BSF) rules on saving and spending behaviors in US states. BSFs stabilize state budgets during economic downturns, with varying deposit...
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Check out this new article from Drs. Martell, Ivonchyk and Moldogazíev. They find that financial management has a positive and significant impact on credit ratings supporting the theory that city governments have agency over credit ratings. Read more here:
onlinelibrary.wiley.com
We analyze the ability of city managers in 50 cities across 25 countries to signal credit quality through information transparency and certification channels. We find that city government financial...
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Hot off the press!! Check out this newly published article by Dr. Sun on nonprofit creditworthiness. Linking credit ratings to IRS 990 Scheule K data, reveal that financial leanness results in weaker credit ratings challenging the nonprofit sector's norm: https://t.co/7cvJuOtpc1
onlinelibrary.wiley.com
The number of nonprofits utilizing bond markets to fund capital projects has increased in recent years. This study explores how nonprofit financial conditions impact bond credit ratings, using a...
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In a new article by Dr. Smith, she discusses the rising federal debt in the US and the need for fiscal oversight. It highlights the importance of examining fiscal rules from Latin America (and other area) to understand their impact on fiscal discipline:
onlinelibrary.wiley.com
This article discusses the rising federal debt in the United States and the need for effective fiscal management solutions, such as adopting fiscal rules. It highlights the importance of examining...
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Using ARDL and Dynamic Simulated ARDL models, Drs. Abubakar, Mamman and Illiyasu find that while fiscal tightening may reduce public debt, fiscal rules may not be beneficial for curtailing public debt. Discretion over rules, may be better for the US:
onlinelibrary.wiley.com
Public debt in the United States has continued to rise despite the implementation of various policy measures aimed at curbing its growth. The Autoregressive Distributed Lag (ARDL) and Dynamic...
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One budgetary element important to the federal government's fiscal system involves tax expenditures. What are they? Are the concerns of equity, efficiency, and transparency fair. Drs. Granof, Luby, and Zachary explore them in a commentary here:
onlinelibrary.wiley.com
The last half-century has been characterized by ongoing federal deficits as well as recurring government shutdowns, which have only accelerated in the last decade. We contend that Congress has been...
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How could the U.S. implement second generation fiscal rules, such as the Swiss Debt Brake? Find this commentary by Dr. Poulson and more from our upcoming special issue on Advancing the Federal Debt and Deficit Debate on Early View now!
onlinelibrary.wiley.com
This essay explores new constitutional fiscal rules and their potential impact on the economy. Solving the debt crisis after many years of debt fatigue is clearly a difficult but not impossible...
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Fifty years ago, Congress passed the Congressional Budget Act (CBA). Normally the fiftieth anniversary is the golden anniversary. But when the last fifty years have fallen, maybe a better material is pyrite (fool's gold). Read Dr. Meyers' commentary here:
onlinelibrary.wiley.com
The congressional budget process has not aged well after years of polarized partisan competition. Republicans, who now control government, may enact budget resolutions and reconciliation bills, or...
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What is the relationship between federal fiscal policy and economic growth in the US? Drs. Nelson and Wilson introduce two measures in their recently available article that will be in the forthcoming special issue on Advancing the Federal Budget Debate:
onlinelibrary.wiley.com
We introduce two measures which highlight the relationship between changes in federal fiscal policy and economic growth. First, we conduct a growth decomposition exercise to compute the short-run...
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