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Session 1: The Housing Crisis and Local Government Revenue
Moderator
Tom Cunningham, Federal Reserve Bank of Atlanta Research Department
Housing Crisis and State and Local Government Tax Revenue: Five Channels
Byron Lutz, Economist, Federal Reserve Board of Governors (presenting)
Raven Molloy, Federal Reserve Board of Governors
Hui Shan, Federal Reserve Board of Governors
House Prices and City Revenues Handout
Keith R. Ihlanfeldt, Director, Devoe Moore Center, and Professor of Economics, Florida State University (presenting)
William M. Doerner, Florida State University
Discussant
Chris Cunningham, Research Economist, Federal Reserve Bank of Atlanta |
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Session 2: Real Estate and the Pension Problem
Moderator
Scott Hughes, Federal Reserve Bank of Atlanta Bank Supervision and Regulation
The Real Estate Market's Impact on State and Local Pension Plans: Some Observations
Joseph L. Pagliari Jr., Clinical Professor of Real Estate, Booth School of Business, The University of Chicago
Pensions and Property: Sunnier Days Ahead?
Michael Acton, Director of Research and Managing Director, AEW Capital Management
Discussant
Sally Gordon, Managing Director, BlackRock
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Session 3
"Painting the Town Red": Cities' Fiscal Position as If It Were 1935
Michael A. Pagano, National League of Cities, Dean, College of Urban Planning and Public Affairs, Interim Dean, College of Business Administration,
University of Illinois, Chicago
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Session 4: Rethinking Tax Revenue: The Georgia Case
Moderator
Chris Cunningham, Research Economist, Federal Reserve Bank of Atlanta
Estimating Georgia's Structural Budget Deficit
Carolyn Bourdeaux,
Associate Professor at the Fiscal Research Center, Andrew Young School of Policy Studies, Georgia State University; Former Director, Georgia Senate Budget Evaluation Office
Georgia's Tax Structure and Reform Issues
David Sjoquist, Georgia Tax Reform Council, Director of the Fiscal Research Center, Director of Domestic Programs, Professor of Economics at the Andrew Young School of Policy Studies, The Dan E. Sweat Distinguished Chair in Educational and Community Policy
Discussant
Tommy Hills, Treasurer, State of Georgia
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