This paper formalizes and empirically tests the hypothesis that the deficient maintenance of public infrastructure is caused by fiscal distress. The authors utilize a production-decision framework in which public officials combine maintenance and new capital to produce a desired level of capital...

This paper uses information on enterprise expenditures on social services in the Russian Federation in combination with local government budget information in the relevant jurisdictions to measure the potential impact on local government budgets of their assumption of social service...

In this broad and illuminating work, experts on public finance discuss innovations in state and local tax policy that have been implemented or considered over the course of the last three decades. The authors provide original work that analyzes whether state and local governments have...