State Rainy Day Funds and the State Budget Crisis of 2002-?

Posted: 8 Aug 2003

See all articles by Christian Y Gonzalez

Christian Y Gonzalez

World Bank

Arik Levinson

Georgetown University - Department of Economics; National Bureau of Economic Research (NBER)

Abstract

The authors find that states were better prepared for the current fiscal crisis than they were for previous ones, but suggest that rainy day funds might not have been large enough.

Suggested Citation

Gonzalez, Christian Y and Levinson, Arik M., State Rainy Day Funds and the State Budget Crisis of 2002-?. Available at SSRN: https://ssrn.com/abstract=432780

Christian Y Gonzalez

World Bank ( email )

1818 H Street, N.W.
Washington, DC 20433
United States

Arik M. Levinson (Contact Author)

Georgetown University - Department of Economics ( email )

Washington, DC 20057
United States
202-687-5571 (Phone)
202-687-6102 (Fax)

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

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