Rules versus home rule : local government responses to negative revenue shocks /
Local governments rely heavily on sales tax revenue. We use national bankruptcies of big-box retail chains to study sudden plausibly expgenous revenue shortfalls. Treated localities respond by reducing spending on law enforcement and administrative services. We further study how cities with differen...
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Main Authors: | , , |
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Format: | Online |
Language: | English |
Published: |
Washington, D.C. :
American Enterprise Institute,
[2017]
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Series: | AEI economics working paper ;
2017-15. American Enterprise Institute library. |
Subjects: | |
Online Access: | HeinOnline American Enterprise Institute Library |
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