The property tax rate, according to the residual view, is simply the ratio of levies over total assessed values, so that growth in property values is irrelevant to the revenue raised. Critics of this view claim instead that fiscal illusion allows policymakers to take advantage of increased...

C<sc>arr</sc> D. and Y<sc>an</sc> W. Federal environmental policy and local industrial diversification: the case of the Clean Air Act, <italic>Regional Studies</italic>. Air-quality regulations under the Clean Air Act alter local industrial diversification by reducing concentration in polluting sectors of the economy for...

The capital structure of nonprofit organizations plays a crucial role in their sustainability and development. This article explores the extent to which revenue diversification is incorporated into the leverage decision. In addition, this study investigates whether government grants have an...

Federal environmental regulations under the Clean Air Act affect employment as local economies respond to a changing regulatory environment. We analyze the net employment growth and employment stability effects of Clean Air Act regulations, characterizing responses in these key indicators of...

type="main" <title type="main">ABSTRACT</title> <p>This paper employs Comprehensive Annual Financial Reports of the 35 largest population American cities from 2005 to 2011 to examine how these cities managed the Great Recession, which was a global macroeconomic shock particularly damaging to the housing sector. While broader...</p>

Previous research has shown that Tiebout-style fiscal competition among local governments reduces the likelihood of adopting income taxes. This literature has not yet considered the impact of yardstick competition on tax instrument choice. This article uses spatial econometrics to test for...

The previous literature on vertical equity in property assessment has focused on parcel-level data within a single area and has produced mixed conclusions on whether the process is progressive or regressive. This paper advances the discussion to identifying what differences between jurisdictions...

While typically not a formulator of policy, property assessors are likely sensitive to political incentives, since they are either directly elected to their office or appointed by another elected official. This article estimates a model that is motivated by the assumption that assessors seek to...

State tax amnesties have become a commonplace component of state tax administration over the last 30 years. This paper reviews the structural evolution of all state amnesty programs and makes the case that their fundamental purpose has shifted from improving tax administration to emphasizing...