Baicker, Katherine; Clemens, Jeffrey; Singhal, Monica - In: Journal of Public Economics 96 (2012) 11, pp. 1079-1091
One of the most dramatic changes in the fiscal federalism landscape during the postwar period has been the rapid growth in state budgets, which almost tripled as a share of GDP and doubled as a share of government spending between 1952 and 2006. We argue that the greater role of states cannot be...
