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1,801 results on '"Local government -- Finance"'

1. Spatial Spillovers and the Effects of Fiscal Stimulus: Evidence from Pandemic-Era Federal Aid for State and Local Governments

Author

Clemens, Jeffrey, Kearns, John, Lee, Beatrice, and Veuger, Stan

Subjects
Local government -- Finance, Government aid -- Laws, regulations and rules, State government -- Finance, Government regulation, Government funding, Company financing, Social sciences
Abstract

We analyze the extent to which US federal aid to state and local governments during the COVID-19 pandemic had effects that spilled over across state lines. We find that federal assistance had a positive overall effect on state and local government employment that stems largely from the direct effect of states' own aid allocation. To be more precise, we find that each $878,000 in federal assistance created or preserved one state or local job, a third of which was driven by cross-state spillovers. Our analysis of the effects of federal aid on aggregate economic activity generally finds null effects through either direct or spillover channels., December 2022 I Introduction In the United States, an unprecedented level of federal fiscal assistance has been distributed throughout the COVID-19 pandemic through a variety of channels, including general aid [...]

Published
2022

13. Rethinking Revenue Diversification, Warren Buffett Style

Author

Marlowe, Justin

Subjects
Local finance -- Management, Local government -- Finance, Revenue -- Management, Businessmen -- Portrayals, Company business management, Company financing, Banking, finance and accounting industries, Business, Government
Abstract

Billionaire Warren Buffett is famous for his blunt commentary on everything from tax policy to baseball to ukulele playing. And of course, his advice on investing has moved markets and [...]

Published
2023

30. Evergrave; China's capital markets

Subjects
China -- Economic policy, Financial instruments -- Laws, regulations and rules, Administrative agencies -- Powers and duties, Default (Finance) -- Forecasts and trends, Local government -- Finance, Special-purpose entities -- Finance -- Laws, regulations and rules, Government regulation, Company financing, Market trend/market analysis, Business, Economics, Business, international
Abstract

Getting the house in order As more big firms flirt with default, financial regulators face a dilemma A DOCUMENT CIRCULATING among Chinese banks in early July has caused unease among [...]

Published
2021

37. The Financial Condition of Communes in Poland (2010 vs. 2019)

Author

Helena Zukowska, Anna Krawczyk-Sawicka, Maria Zuba-Ciszewska, Janina Kotlinska, and Anna Mizak

Subjects
Poland -- Economic conditions, Communal living -- Poland, Communities -- Economic aspects, Local government -- Poland, Financial system, Business, Local government -- Finance, General Economics, Econometrics and Finance, General Business, Management and Accounting
Abstract

PURPOSE: The examination and assessment of the financial condition of communes in Poland in the spatial aspect, using the standard indicators related to financial independence and financial burdens imposed on their budgets by current expenditure, and the authors’ indicators related to the possibility of communes to satisfy the requirements of residents., DESIGN/METHODOLOGY/APPROACH: The study used the methods of descriptive statistics. Detailed analyses were carried out based on the authors’ calculations using MS Excel., FINDINGS: The financial condition of communes in Poland is varied when interpreted in terms of time and spatially, when measured with standard indicators used by, among others, the Ministry of Finance in Poland, and with the measures proposed by the authors, it differs, and therefore the changes in the finances of these units are assessed differently. Also, the variations in the values of the standard indicators do not explicitly indicate the direction of changes of the financial condition of communes., PRACTICAL IMPLICATIONS: State institutions in their work on the changes in the system of revenue in LGUs in Poland, aimed at adjusting the amounts of the financial resources available to them to the range of tasks allocated for realization. Local authorities in the annually determined amounts of financial resources which they can implement to realize their tasks, having included the burdens resulting from the long-term contractual obligations they are bound by., ORIGINALITY/VALUE: Expanding the research on the financial condition of LGUs by approaching this matter through the prism of indicators reflecting the possibilities of local authorities to define the amounts and the directions of their budgetary expenditure., peer-reviewed

Published
2021
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40. Ohio Ethics Commission Issues Advisory Opinion Allowing Voluntary Contributions From Solar Developer To Local Government

Author

O'Donnell, Terrence

Subjects
Local government -- Finance, Charitable contributions -- Laws, regulations and rules -- Forecasts and trends, Government regulation, Company financing, Market trend/market analysis, Business, international
Abstract

Opinion Contains Several Important Caveats On May 20, 2022, the Ohio Ethics Commission issued an advisory opinion, Inf. Adv. Op. No. 2022-INF-0520 (Lecklider), in response to a local government's questions [...]

Published
2022

46. Treasury Issues Final Rule For Use Of $350 Billion American Rescue Plan State And Local Relief Funds

Author

Paulsen, Michael A.

Subjects
Local government -- Finance, Domestic economic assistance -- Forecasts and trends, Company financing, Market trend/market analysis, Business, international
Abstract

The Big Picture One of the most significant provisions of the American Rescue Plan was the establishment of the $350 billion Coronavirus State and Local Fiscal Recovery Funds (SLFRF or [...]

Published
2022

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