Developed a framework for quantifying the amount of risk sharing among states in the United States, and constructed data that allowed researchers to decompose the cross-sectional variance in gross state product into levels of smoothing capital markets, federal government, and credit market smoothing.
The collection contains 67 Excel data files, that were grouped into 17 datasets based on the organizational ordering schematic provided by the principal investigator, including: State Personal Income; Federal Taxes and Contributions; State Population; State and Local Personal Taxes; Interests on State and Local Funds;Transfers; Non Federal State Income; Federal Grants;Federal Transfers to Individuals; Federal Personal Taxes; State Government Expenditure; Disposable State Income; State Consumption; State and Local Transfers; Gross State Product; Retail Sales; Personal Consumption Expenditures.