Glover, Rebecca; Luo, Xueming; Seyedian, Mojtaba - In: New York Economic Review 33 (2002) 1, pp. 61-66
As smaller state budgets become popular among voters, a better understanding of the factors affecting budget balances becomes imperative. This paper tries to shed some light on the issue by analyzing New York State budget data. The results of a Granger-Causality test in conjunction with variance...