Author: Shaun Edwards
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The Downstream Effect of Fiscal Austerity
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Researchers explore how the relationship between federal, state, and local governments mutes the benefits of the federal government’s fiscal austerity measures. The burden is shifted to state and local governments that face higher demand for safety net programs with shrinking revenue sources.
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Why Passing the State Budget on Time is a Must for Stabilizing Market Conditions
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The authors of a study analyzing state budgets find that the lack of fiscal governance, defined as enacting a budget on time, causes variation in general obligation bond yield spreads for state issuers.
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Dispelling the Myth: Why State Tax Breaks for Businesses Do Not Spur Economic Growth
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A decline in the corporate tax rate enforced through state policy is found by a new study to be immaterial to investment decisions for businesses and therefore a non-factor for spurring economic growth within a state.
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Participatory Budgeting: Increasing the Power of the Taxpayer over Public Expenditures
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How effective is participatory budgeting at increasing government accountability and responsiveness in municipalities? Programs in Brazil find that allowing residents to choose preferential projects improves their social welfare and shifts constituent priorities to the forefront of public expenditures.
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The Welfare Investment: How Child Sponsorship Is Tied to Future Education and Employment
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Children participating in an international sponsorship program are more likely to attain higher education and formal employment.
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Consequences of Juvenile Arrests on Education: How Law and Educational Policies Hurt More than Help
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Adolescents who are arrested are more likely to drop out of high school and to fail to enroll in a four-year college.
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Is America Perpetuating Inequality by Increasing the Number of Schools Teaching STEM?
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STEM (Science, Technology, Engineering, and Math) jobs are in high demand, but STEM educational programs may not reach all American students equally.
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Obesity at Home: How Parental Employment Can Negatively Impact Family Nutrition
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The impact of working parents is linked to an increased risk of childhood obesity.
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Unintended Consequences: How Child Support Programs Discourage Employment for Low-Income Families
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Low-income fathers with debt are more likely to reduce labor hours and child support payments.