Should the federal government reallocate funds within federal transfers?

Detalhes bibliográficos
Autor(a) principal: Sequeira, T. N.
Data de Publicação: 2009
Outros Autores: Ferreira-Lopes, A.
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: https://ciencia.iscte-iul.pt/public/pub/id/6159
http://hdl.handle.net/10071/8047
Resumo: It is recognized that one of the goals of federal transfers is to provide the states with some financial leverage during recessions. Federal transfers in the United States comprise such components as retirement and disability payments for individuals, other direct payments for individuals or organizations, grants, procurement contracts, and salaries and wages. Is the composition of the federal transfers’ budget having an optimal effect on the business cycle or should the federal government reallocate some expenditure? In this article, we argue that the federal government may improve its role in stabilizing the business cycle if some reallocation is made from procurement contracts and payments for other than individuals to direct payments for individuals, grants, and disability and retirement payments.
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spelling Should the federal government reallocate funds within federal transfers?Components of federal transfersBusiness cyclePanel dataGMMIt is recognized that one of the goals of federal transfers is to provide the states with some financial leverage during recessions. Federal transfers in the United States comprise such components as retirement and disability payments for individuals, other direct payments for individuals or organizations, grants, procurement contracts, and salaries and wages. Is the composition of the federal transfers’ budget having an optimal effect on the business cycle or should the federal government reallocate some expenditure? In this article, we argue that the federal government may improve its role in stabilizing the business cycle if some reallocation is made from procurement contracts and payments for other than individuals to direct payments for individuals, grants, and disability and retirement payments.SAGE Publications Ltd2014-12-09T17:47:48Z2009-01-01T00:00:00Z20092014-12-09T17:45:41Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttps://ciencia.iscte-iul.pt/public/pub/id/6159http://hdl.handle.net/10071/8047eng1091-1421Sequeira, T. N.Ferreira-Lopes, A.info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-11-09T17:50:48Zoai:repositorio.iscte-iul.pt:10071/8047Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T22:25:06.477223Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Should the federal government reallocate funds within federal transfers?
title Should the federal government reallocate funds within federal transfers?
spellingShingle Should the federal government reallocate funds within federal transfers?
Sequeira, T. N.
Components of federal transfers
Business cycle
Panel data
GMM
title_short Should the federal government reallocate funds within federal transfers?
title_full Should the federal government reallocate funds within federal transfers?
title_fullStr Should the federal government reallocate funds within federal transfers?
title_full_unstemmed Should the federal government reallocate funds within federal transfers?
title_sort Should the federal government reallocate funds within federal transfers?
author Sequeira, T. N.
author_facet Sequeira, T. N.
Ferreira-Lopes, A.
author_role author
author2 Ferreira-Lopes, A.
author2_role author
dc.contributor.author.fl_str_mv Sequeira, T. N.
Ferreira-Lopes, A.
dc.subject.por.fl_str_mv Components of federal transfers
Business cycle
Panel data
GMM
topic Components of federal transfers
Business cycle
Panel data
GMM
description It is recognized that one of the goals of federal transfers is to provide the states with some financial leverage during recessions. Federal transfers in the United States comprise such components as retirement and disability payments for individuals, other direct payments for individuals or organizations, grants, procurement contracts, and salaries and wages. Is the composition of the federal transfers’ budget having an optimal effect on the business cycle or should the federal government reallocate some expenditure? In this article, we argue that the federal government may improve its role in stabilizing the business cycle if some reallocation is made from procurement contracts and payments for other than individuals to direct payments for individuals, grants, and disability and retirement payments.
publishDate 2009
dc.date.none.fl_str_mv 2009-01-01T00:00:00Z
2009
2014-12-09T17:47:48Z
2014-12-09T17:45:41Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://ciencia.iscte-iul.pt/public/pub/id/6159
http://hdl.handle.net/10071/8047
url https://ciencia.iscte-iul.pt/public/pub/id/6159
http://hdl.handle.net/10071/8047
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 1091-1421
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv SAGE Publications Ltd
publisher.none.fl_str_mv SAGE Publications Ltd
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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