Municipal Choices during a Recession

Abstract

This study reports the findings of a comparative case study analysis of sixteen U.S. municipalities to provide an in-depth examination of the choices municipal leaders are making to address revenue shortfalls. The findings suggest that municipal fiscal choices during a recession fit the bounded rationality model. While local government leaders will attempt to follow a rational sequence of fiscal management decisions, as the economic situation worsens, the external pressures from electoral considerations, state government restrictions, and interest group involvement increase, leading a divergence in strategies. The greater the pressures (the bounds), the more unpredictable the choices among municipalities become.

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 48 citations exist upstream.

Papers that cite the same references — the relational fallback while embeddings are still backfilling.