Results 161 to 170 of about 489,759 (316)

Bonds on the Ballot: What Voters (Don't) Know About Debt Financing and Why It Matters

open access: yesPublic Budgeting &Finance, EarlyView.
Abstract American subnational governments commonly require voters to approve bond proposals, reflecting historical concerns about legislative shortsightedness. Yet voters need an understanding of how bond financing works to make choices consistent with preferences. Existing literature makes it unclear whether voters have such knowledge.
Shanna Pearson‐Merkowitz   +3 more
wiley   +1 more source

The Power of Renewal: Status Quo Bias Impacts Voter Approval of School Spending Referendums

open access: yesPublic Budgeting &Finance, EarlyView.
Abstract Status quo bias often impacts decisions about private goods and is hypothesized to influence voter choice. This paper offers a clean, direct, real‐world test of status quo bias's effect on voter support for school spending. We take advantage of a unique Minnesota rule that requires ballot language to disclose and distinguish between new and ...
Corey Lang, Rachel Ricchio
wiley   +1 more source

Resilience as a Fiscal Input: County Financial Condition in an Open Systems Framework

open access: yesPublic Budgeting &Finance, EarlyView.
Abstract This study explores how community resilience shapes local fiscal health by integrating the Baseline Resilience Indicators for Communities (BRIC) into an open‐systems framework of public finance. Using financial data from U.S. counties for fiscal years 2016 and 2021, we examined whether the six BRIC domains explain variation in operating ...
Jungmin Hwang   +3 more
wiley   +1 more source

Unintended Consequences of Fiscal Governance Rules on the Long‐Term Financial Position of State Governments

open access: yesPublic Budgeting &Finance, EarlyView.
ABSTRACT Fiscal governance rules are viewed as prudent tools that promote balanced budgets, lower tax burdens, and ensure modest use of long‐term debt. However, these rules can create incentives that inadvertently worsen the government's long‐term financial position. Focusing on unfunded retiree benefits and long‐term debt, this study finds that states
Sharon N. Kioko
wiley   +1 more source

A Hundred Thousand Darlingtons: Self‐Respect, Moral Judgement, and the Right to an Equal Democratic Say

open access: yesAnalytic Philosophy, EarlyView.
ABSTRACT I defend the non‐instrumentalist thesis that every adult member of a political society has a pro tanto fundamental moral right to an equal democratic say in determining the content of the laws to which she is subject. I begin by giving an account of an important kind of servility that has received only glancing notice in philosophical ...
Shruta Swarup
wiley   +1 more source

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