Advisory Committee Chair
Erin L Borry
Advisory Committee Members
Akhlaque Haque
Cole D Taratoot
Document Type
Thesis
Date of Award
2015
Degree Name by School
Master of Public Administration (MPA) College of Arts and Sciences
Abstract
States often find themselves facing fiscal hardships due to such issues as their own revenue volatility or through federal recessions. The methods taken by the states have varied over the years, but rainy day funds are becoming one of the leading mechanisms for coping with economic disparity. As more state officials look to rainy day funds as a solution, the field for research regarding rainy day funds has expanded. The existing studies have focused on the best way to build and maintain these types of funds, but there has been little information put forth that helps understand how they work. This study looks at the influence that state political ideologies have in the formation and upkeep of rainy day funds by analyzing state fiscal behavior from the years of 2002 to 2013. The study found that there appear to be patterns of growth in rainy day fund balances, but the regression model did not support the hypotheses. The future research of rainy day funds will need to pay attention to the implications and data limitations when conducted similar studies, as these might have played a larger role in the results than was anticipated.
Recommended Citation
Kelley, Nathaniel Franklin, "The Influence Of State Politics On State Rainy Day Funds" (2015). All ETDs from UAB. 2119.
https://digitalcommons.library.uab.edu/etd-collection/2119