Summary
Overview
Key Readings
The study of public financial management is essential to improving the practice of public management and to our understanding of the politics and organization of public institutions. As a study of the practice of public management, the literature of public financial management closely scrutinizes developing trends and standards in various areas of expertise, such as budgeting, accounting, and taxation. As a study of politics and organization of public institutions, the literature of public financial management examines the salience of financial resources and their management in the allocation and use of political authority.
This four-volume set aims to address the sophistication and breadth of issues in this fast-developing area of study, bringing together seminal works on both practice-centric research and research that speaks to broader public management ...
Editors' Introduction: Financial Management in the Public Sector
Much like living organisms require calories to survive from one day to the next and the pursuit, consumption, and regulation of those calories is a primary task for all living creatures, the collection, allocation, and use of financial resources is critical to the health, energy, and survival of public organizations. Despite this importance, taxpayers and service recipients are rarely aware of the many actors (e.g., forecasters, budgeters, analysts, elected and appointed officials, managers, tax collectors, procurement officers, treasurers, lawyers, bankers, accountants, and auditors) and activities (e.g., planning/budgeting, cost analysis, revenue collection, spending authorization, purchasing, monitoring and oversight, and ...
Table of Contents
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Volume I
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1. What Is an “Optimal” Tax System?
James Alm
1996
National Tax Journal
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2. Why Do Tax and Expenditure Limitations Pass in State Elections?
James Alm | Mark Skidmore
1999
Public Finance Review
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3. How Privatizations Affect the Level of Perceived Corruption
G. Arikan
2008
Public Finance Review
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4. The Effects of State and Local Taxes on Economic Development: A Review of Recent Research
Timothy Bartik
1992
Economic Development Quarterly
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5. Evaluating Public Expenditures: Does It Matter How They Are Financed?
Richard Bird
2005
Fiscal Management
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6. Long-term Infrastructure Partnerships: Contracting Risks and Risk-Reduction Strategies
Pamela Bloomfield | F. Ahern
2011
Pamela Bloomfield and F. Daniel Ahern, Jr State and Local Government Review
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7. Scarcity and Environmental Stress in Public Organizations: A Conjectural Essay
Barry Bozeman | E. Slusher
1979
Administration & Society
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8. The Effect of Constitutional Debt Limits on State Governments' Use of Public Authorities
Beverly Bunch
1991
Public Choice
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9. Credit Risk, Credit Ratings, and Municipal Bond Yields: A Panel Study
John Capeci
1991
National Tax Journal
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10. An Empirical Analysis of Theories on Factors Influencing State Government Accounting Disclosure
Rita Cheng
1992
Journal of Accounting and Public Policy
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11. Do People Want Something for Nothing: Public Opinion on Taxes and Government Spending
Jack Citrin
1979
National Tax Journal
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12. Accounting and the Theory of the Firm
Ronald Coase
1990
Journal of Accounting and Economics
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13. Usefully Engaging Local Budget Analysts during Budget Execution
Charles Coe
2003
State and Local Government Review
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14. A Theory of the Budgetary Process
Otto Davis | M. Dempster | Aaron Wildavsky
1966
The American Political Science Review
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15. Fiscal Decentralization and Borrowing Costs: The Case of Local Governments
Luiz de Mello
2001
Public Finance Review
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Volume II
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16. Intrastate Competition for Debt Resources
Dwight Denison | Merl Hackbart | Michael Moody
2009
Public Finance Review
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17. Why the Government Budget Is Too Small in a Democracy
Anthony Downs
1960
World Politics
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18. The Effect of Financial Constraints and Political Pressure on the Management of Public Pension Plans
Tim Eaton | John Nofsinger
2004
Journal of Accounting and Public Policy
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19. Citizen Participation in Budgeting Theory
Carol Ebdon | Aimee Franklin
2006
Public Administration Review
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20. Signaling and Monitoring in Public-Sector Accounting
John Evans | James Patton
1987
Journal of Accounting Research
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21. Homevoters, Municipal Corporate Governance, and the Benefit View of the Property Tax
William Fischel
2001
National Tax Journal
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22. Professionalism and Urban Reform: An Organizational Perspective on Municipal Finance
John Forrester
1989
The American Review of Public Administration
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23. The Rebudgeting Process in State Government: The Case of Missouri
John Forrester
1993
The American Review of Public Administration
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24. Rebudgeting: The Serial Nature of Municipal Budgetary Processes
John Forrester | Daniel Mullins
1992
Public Administration Review
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25. Does Performance Budgeting Work? An Examination of the Office of Management and Budget's PART Scores
John Gilmour | David Lewis
2006
Public Administration Review
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26. Executive Leadership versus Budgetary Behavior
George Hale
1977
Administration & Society
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27. Fiscal Transparency: Concepts, Measurement and UK Practice
David Heald
2003
Public Administration
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28. State and Local Governments as Borrowers: Strategic Choices and the Capital Market
W. Hildreth
1993
Public Administration Review
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29. Budget Execution: Control vs Flexibility
S. Howard
1968
The American Review of Public Administration
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30. The Management of Hard Times: Budget Cutbacks in Public Sector Organizations
Todd Jick | Victor Murray
1982
Organization Studies
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Philip Joyce
2001
Public Budgeting & Finance
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32. A Century of Public Budgeting Reform: The “Key” Question
Janet Kelly
2005
Administration & Society
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Joanne Kelly | John Wanna
2004
The American Review of Public Administration
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Volume III
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34. The Lack of a Budgetary Theory
V. Key
1940
The American Political Science Review
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35. Budgetary Balance: The Norm, Concept, and Practice in Large U.S. Cities
Carol Lewis
1994
Public Administration Review
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36. Public Opinion, Fiscal Illusion, and Tax Revolution: The Political Demise of the Property Tax
David Lowery
1985
Public Budgeting & Finance
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37. Consumer Sovereignty and Quasi-Market Failure
David Lowery
1998
Journal of Public Administration Research and Theory
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38. Taxing and Spending Politics: A Generational Perspective
Susan MacManus
1995
The Journal of Politics
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Harry Markowitz
1952
The Journal of Finance
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40. Development of Local Government Debt Financing Markets: Application of a Market-based Framework
Christine Martell | George Guess
2006
Public Budgeting & Finance
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41. Myth, Magic, and Administrative Innovations
Roger Marz
1978
Administration & Society
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42. Local Government Accountants as Public Managers: An Evolving Role
Clifford McCue
2001
State and Local Government Review
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43. The Risk-Return Paradox in Local Government Investing
Clifford McCue
2000
Public Budgeting & Finance
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44. Government Decisions in Budgeting and Taxing: The Economic Logic
John Mikesell
1978
Public Administration Review
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45. Efficiency as a Competing Principle in Public Financial Management
Gerald Miller
1990
Public Productivity & Management Review
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46. Corruption and Economic Growth
Pak Mo
2001
Journal of Comparative Economics
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47. Tax and Expenditure Limitations and State and Local Fiscal Structure: An Empirical Assessment
Daniel Mullins | Philip Joyce
1996
Public Budgeting & Finance
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48. Public Pension Promises: How Big Are They and What Are They Worth?
Robert Novy-Marx | Joshua Rauh
2011
The Journal of Finance
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Andreas Novy | Bernhard Leubolt
2005
Urban Studies
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50. Determinants of Donations in Private Nonprofit Markets
Cagla Okten | Burton Weisbrod
2000
Journal of Public Economics
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51. Fiscal Disruptions and City Responses: Stability, Equilibrium, and City Capital Budgeting
Michael Pagano
1988
Urban Affairs Review
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Volume IV
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52. Location, Competition, and Economic Development: Local Clusters in a Global Economy
Michael Porter
2000
Economic Development Quarterly
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53. Accountability Institutions and the Policy Process: The United States Experience
Paul Posner
2006
OECD Journal on Budgeting
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54. The Continuity of Change: Public Budgeting and Finance Reforms over 70 Years
Paul Posner
2007
Public Administration Review
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55. Simple Tools for Evaluating Revenue Performance in a Developing Country
Mahesh Purohit
2005
Fiscal Management
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56. Economics and the Political Process
Alice Rivlin
1987
The American Economic Review
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57. Budget Theory and Budget Practice: How Good the Fit?
Irene Rubin
1990
Public Administration Review
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58. The Pure Theory of Public Expenditure
Paul Samuelson
1954
The Review of Economics and Statistics
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59. How Much Do Government Services Really Cost?
E. Savas
1979
Urban Affairs Review
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60. The Road to PPB: The Stages of Budget Reform
Allen Schick
1966
Public Administration Review
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61. Does Budgeting Have a Future?
Allen Schick
2003
OECD Journal on Budgeting
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62. Intermunicipal Competition, Budget-Maximizing Bureaucrats, and the Level of Suburban Competition
Mark Schneider
1989
American Journal of Political Science
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63. Do Tax and Expenditure Limitations Affect Local Government Budgets? Evidence from Panel Data
Ronald Shadbegian
1998
Public Finance Review
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64. Fiscal Decentralization in Developing and Transition Economies: Progress, Problems, and the Promise
Anwar Shah
2004
World Bank Policy Research Working Paper
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65. A Typology of Budgetary Environments: Notes on the Prospects for Reform
Jeffrey Straussman
1979
Administration & Society
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66. A Pure Theory of Local Expenditures
Charles Tiebout
1956
Journal of Political Economy
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67. Political Implications of Budgetary Reform
Aaron Wildavsky
1961
Public Administration Review
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68. Public and Private Bureaucracies: A Transaction Cost Economics Perspective
Oliver Williamson
1999
The Journal of Law, Economics, and Organization
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69. Mission–Market Tensions and Nonprofit Pricing
Dennis Young | Taehyun Jung | Rick Aranson
2010
Taehyun Jung and Rick Aranson The American Review of Public Administration
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70. State Infrastructure Banks and Borrowing Costs for Transportation Projects
Juita-Elena Yusuf | Lenahan O'Connell | Merl Hackbart | Gao Liu
2010
Public Finance Review
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