Quantitative public financial management research is limited by the absence of a common database for empirical analysis (Gill and Meier 2000). While the U.S. Census Bureau distributes government finance data that some scholars have utilized, the arduous process of collecting, interpreting, and...

Based on the indirect arbitrage opportunities afforded citizens by tax-exempt debt issue, this article presents a model establishing equilibrium in the market for tax-exempt debt. The model yields two predictions. Increases in Federal income tax rates increase the spread between taxable and...

Federal quality control (QC) programs for the measurement of payment allocation errors in federally funded Family Assistance Programs have been at the center of a hot controversy. In 1986, Congress directed the Department of Health and Human Services to contract with the National Academy of...