States in Fiscal Distress

Robert P. Inman

NBER Working Paper No. 16086
Issued in June 2010

---- Acknowledgements -----

This paper was prepared for the Conference, State and Local Government Amid Economic Turbulence, sponsored by the Federal Reserve Bank of St. Louis and the Weidenbaum Center on the Economy, Government, and Public Policy, Washington University of St. Louis. The comments of my discussant at the conference, Paul Rothstein, are much appreciated. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.

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