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...

A lot of people agree about what needs to be done to fix Oregon's state finances, the real question is how? The surprising answer is that there is a fairly simple, cheap solution. The first step is to take the sales tax off the table. The second step is to take very seriously the proposal put...

It is puzzling that the single most important explanatory variable for municipal reserves is the state in which a municipality is located. In this paper we leverage a broad panel of US municipalities to show that a pair of behavioral heuristics: anchoring and the bandwagon effect, are an...

What do we learn from this? In the first place, the results presented here do tend to confirm the Breneman hypothesis. This may be of some practical interest to anyone concerned with financing Ph.D. granting institutions, e.g., if one is interested in efficient use of the student input, one...