Afonso A, Jalles JT, (2011) A longer-run perspective on fiscal sustainability. ISEG working paper 2011/17. Department of Economics at the School of Economics and Management (ISEG), Technical University of Lisbon, Portugal.
Afonso A, Jalles JT, (2012) Revisiting fiscal sustainability: Panel cointegration and structural breaks in OECD countries. European Central Bank working paper series. European Central Bank. Available at: http://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp1465.pdf (accessed 27 August 2014).
Alexander C, Barrow M, (1994) Seasonality and cointegration of regional house prices in the UK. Urban Studies31(10): 1667–1689.
Baltagi BH, Song SH, (2006) Unbalanced panel data: A survey. Statistical Papers47(4): 493–523.
Bohn H, (2007) Are stationarity and cointegration restrictions really necessary for the intertemporal budget constraint?Journal of Monetary Economics54(7): 1837–1847.
Buettner T, Wildasin DE, (2002) The dynamics of municipal fiscal adjustment. CESifo working paper no. 649(1). CESifo Group, Munich, Germany.
- Burnside C, (2005) Fiscal Sustainability in Theory and Practice. Washington, DC: The World Bank.
Paper not yet in RePEc: Add citation now
Canarella G, Miller S, Pollard S, (2012) Unit roots and structural change: An application to US house price indices. Urban Studies49(4): 757–776.
- Chapman JI, (2007) Wealth and tax systems. In: Pagano MA, Leonardi R, (eds) The Dynamics of Federalism in National and Supranational Political Systems. New York: Palgrave MacMillian, pp. 107–135.
Paper not yet in RePEc: Add citation now
- Chapman JI, (2008) State and local fiscal sustainability: The challenges. Public Administration Review68(S1): S115–S131.
Paper not yet in RePEc: Add citation now
Chen J, Guo F, Zhu A, (2011) The housing-led growth hypothesis revisited: Evidence from Chinese Provincial Panel Data. Urban Studies48(10): 2049–2067.
Clark A, Etile F, (2002) Do health changes affect smoking? Evidence from British panel data. Journal of Health Economics21(4): 533–562.
- Cohen MP, (2011) Cities in times of crisis: The response of local governments in light of the global economic crisis: the role of the formation of human capital, urban innovation and strategic planning. Working paper 2011–01. Berkeley Institute of Urban and Regional Development, University of California, CA, USA. Available at: http://escholarship.org/uc/item/3432p4rb (accessed 22 June 2015).
Paper not yet in RePEc: Add citation now
Esteller-Moré A, Solé-Ollé A, (2002) Tax setting in a federal system: The case of personal income taxation in Canada. International Tax and Public Finance9(3): 235–257.
Ezcurra R, RodrÃguez-Pose A, (2009) Decentralization of social protection expenditure and economic growth in the OECD. Publius41(1): 146–157.
Gabriel VJ, Sangduan P, (2011) Assessing fiscal sustainability subject to policy changes: A Markov switching cointegration approach. Empirical Economics41(2): 371–385.
- Gold SD, (1995) The Fiscal Crisis of the States: Lessons for the Future (vol. 10). Washington, DC: Georgetown University Press.
Paper not yet in RePEc: Add citation now
- Government Accounting Standards Board (GASB) (2004) Economic condition reporting: The statistical section (statement no. 44). Available at: http://www.gasb.org/cs/ContentServer?c=GASBContent_C&pagename=GASB/GASBContent_C/ProjectPage&cid=1176156646154 (accessed 5 September 2014).
Paper not yet in RePEc: Add citation now
- Government Accounting Standards Board (GASB) (2009) GASB adds project addressing fiscal sustainability to current technical agenda: The user’s perspective. Available at: www.gasb.org/newsletter/fiscal_sustainability_dec2009.html (accessed 27 August 2014).
Paper not yet in RePEc: Add citation now
- Government Accounting Standards Board (GASB) (2011) Preliminary views of the governmental accounting standards board on economic condition reporting: Financial projections. Governmental Accounting Standard series no. 13–3. Available at: www.gasb.org/cs/ContentServer?site=GASB&c=Document_C&pagename=GASB%2FDocument_C%2FGASBDocumentPage&cid=1176159500453 (accessed 27 August 2014).
Paper not yet in RePEc: Add citation now
Hakkio CS, Rush M, (1991) Is the budget deficit too large?Economic Inquiry29(3): 429–445.
Hamilton JD, Flavin M, (1986) On the limitations of government borrowing: A framework for testing. American Economic Review76(4): 808–819.
Haug AA, (1991) Cointegration and government borrowing constraints: Evidence for the United States. Journal of Business & Economic Statistics9(1): 97–101.
- Hendrick RM, (2011) Managing the Fiscal Metropolis. Washington, DC: Georgetown University Press.
Paper not yet in RePEc: Add citation now
Horne J, (1991) Indicators of fiscal sustainability. IMF working paper 91/5. International Monetary Fund, Washington, DC, USA.
Inman RP, (2003) Transfers and bailouts: Enforcing local fiscal discipline with lessons from US federalism. In: Rodden JA, Eskeland GS, Litvack J, (eds) Fiscal Decentralization and the Challenge of Hard Budget Constraints. Cambridge: The MIT Press, pp. 35–83.
- Karuppusamy S, Carr JB, (2012) Interjurisdictional competition and local public finance: Assessing the modifying effects of institutional incentives and fiscal constraints. Urban Studies49(7): 1549–1569.
Paper not yet in RePEc: Add citation now
- Levine CH, (1980) Managing Fiscal Stress: The Crises in the Public Sector. Chatham: Chatham House Publishers.
Paper not yet in RePEc: Add citation now
Mahdavi S, Westerlund J, (2011) Fiscal stringency and fiscal sustainability: Panel evidence from the American state and local governments. Journal of Policy Modeling33(6): 953–969.
- Murray MP, (1994) A drunk and her dog: An illustration of cointegration and error correction. The American Statistician48(1): 37–39.
Paper not yet in RePEc: Add citation now
- Oates WE, (1972) Fiscal Federalism. New York: Harcourt Brace Jovanovich.
Paper not yet in RePEc: Add citation now
- Okpanachi E, (2010) Federalism and economic growth: The importance of context in Nigerian public finance Reform. Publius41(2): 311–335.
Paper not yet in RePEc: Add citation now
Pagano MA, Johnston JM, (2000) Life at the bottom of the fiscal food chain: Examining city and county revenue decisions. Publius30(1): 159–170.
Paulais T, (2009) Local Governments and the Financial Crisis: An Analysis. Washington, DC: The Cities Alliance.
Pesaran MH, (2007) A simple panel unit root test in the presence of cross-section dependence. Journal of Applied Econometrics22: 265–312.
Pesaran MH, Shin Y, Smith RJ, (2001) Bounds testing approaches to the analysis of level relationships. Journal of Applied Econometrics16: 289–326.
Quintos CE, (1995) Sustainability of the deficit process with structural shifts. Journal of Business & Economic Statistics13(4): 409–417.
- Raju S, (2011) Analyzing the fiscal health of state governments in India: Evidence from the 14 major states. Public Budgeting and Finance31(3): 49–72.
Paper not yet in RePEc: Add citation now
Reingewertz Y, (2014) Fiscal decentralization: A survey of the empirical literature. Available at: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2523335 (accessed 12 January 2014).
- Sørensen EB, Wu L, Yosha O, (2001) Output fluctuations and fiscal policy: US state and local governments, 1978–1994. European Economic Review45(7): 1271–1310.
Paper not yet in RePEc: Add citation now
Smith GW, Zin SE, (1991) Persistent deficits and the market value of government debt. Journal of Applied Econometrics6(1): 31–44.
- Stein RM, (1984) Municipal public employment: An examination of intergovernmental influences. American Journal of Political Science28(4): 636–653.
Paper not yet in RePEc: Add citation now
- Thompson F, Gates BL, (2007) Betting on the future with a cloudy crystal ball? Revenue forecasting, financial theory, and budgets. Public Administration Review67(5): 48–66.
Paper not yet in RePEc: Add citation now
- Trehan B, Walsh CE, (1988) Common trends, the government’s budget constraints, and revenue smoothing. Journal of Economic Dynamics and Control12(2–3): 425–444.
Paper not yet in RePEc: Add citation now
Trehan B, Walsh CE, (1991) Testing intertemporal budget constraints: Theory and applications to US federal budget and current account deficits. Journal of Money, Credit, and Banking23(2): 206–223.
- US Census Bureau (2007) US Census of governments: Local summary tables by type of government, 2007. Available at: https://www.census.gov//govs/local/historical_data_2007.html.
Paper not yet in RePEc: Add citation now
- US Census Bureau (2013) Individual state descriptions: 2012. Washington, DC: US Government Printing Office.
Paper not yet in RePEc: Add citation now
Verbeek M, Nijman T, (1992) Testing for selectivity bias in panel data models. International Economic Review33: 681–703.
Ward RB, Dadayan L, (2009) State and local finance: Increasing focus on fiscal sustainability. Publius39(3): 455–475.
Wilcox DW, (1989) The sustainability of government deficits: Implications of the present-value borrowing constraint. Journal of Money, Credit, and Banking21(3): 291–306.
World Commission on Environment and Development (1987) Our Common Future (Brundtland Report). Oxford: Oxford University Press.