Showing 1 - 10 of 16
This paper develops new measures of environmental costs and local revenue capacity as the basis for a new municipal aid formula in Massachusetts. On the cost side, unlike previous studies, we quantify the effects on local non‐school spending of characteristics related to uncontrollable costs....
Persistent link: https://www.econbiz.de/10013120249
This paper designs a new equalization‐aid formula based on fiscal gaps of local communities. Using conceptual analysis and simulations with Massachusetts data, the authors illustrate the tradeoffs that policymakers face in deciding on the policy variables in the formula and lay out several...
Persistent link: https://www.econbiz.de/10013120253
This paper develops new measures of environmental costs and local revenue capacity (that is, the ability of local governments to raise revenue), in order to form the basis of a new general-purpose aid formula for Massachusetts cities and towns. On the cost side, unlike previous studies, our...
Persistent link: https://www.econbiz.de/10012726773
Many regard the 2010–2012 Massachusetts Criminal Offender Record Information (CORI)Reform as a national model to improve ex-offenders' labor market outcomes. This reform prohibits most employers from inquiring about an individual's criminal history on the initial job application (the “ban...
Persistent link: https://www.econbiz.de/10012960018
This paper examines how changes in employers' access to job applicants' criminal histories affect ex-offender recidivism. We use extensive state administrative data on individual criminal histories spanning the 2010–2012 Massachusetts Criminal Offender Record Information (CORI) Reform, widely...
Persistent link: https://www.econbiz.de/10012960027
While state appropriations are the largest revenue source of the U.S. public university systems, they have declined significantly over the past several decades. Surprisingly, there is little empirical work on the effect of state appropriation cuts on the research productivity of public...
Persistent link: https://www.econbiz.de/10012891926
In aggregate, state appropriations are the largest revenue source for public higher education in the United States. However, these appropriations have significantly declined over past decades, drawing serious concerns about the potential negative impact on schools and students. This paper...
Persistent link: https://www.econbiz.de/10012899011
We develop a new measure of relative debt transparency by comparing the amount of state debt reported in the annual Census survey and the amount reported in the statistical section of the state Comprehensive Annual Financial Report (CAFR). GASB 44 requires states to start reporting their total...
Persistent link: https://www.econbiz.de/10012943871
Many studies have documented the pervasive underfunding of public sector pension plans in the United States in recent years. The deterioration of the funded status of public pension plans coincided with severe fiscal crises that state and local governments experienced in the 2000s. This...
Persistent link: https://www.econbiz.de/10013054392
This paper develops a new measure of state and local fiscal sustainability called the "trend gap," which is based on socioeconomic and other fundamental factors and removes the short-term influence of the business cycle. The paper estimates the trend gap and finds that the nationwide per capita...
Persistent link: https://www.econbiz.de/10013059942