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How the APF and the PFD Operate: The Peculiar Mechanics of Alaska’s State Finances

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Alaska’s Permanent Fund Dividend

Part of the book series: Exploring the Basic Income Guarantee ((BIG))

Abstract

The establishment of the Alaska Permanent Fund (APF) and the Permanent Fund Dividend (PFD) created the most unusual features of the Last Frontier’s peculiar fiscal landscape. We offer here a description of how Alaska’s fiscal system works.

Gregg Erickson, the corresponding author, can be contacted at gerickso@alaska.com.

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Authors

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Karl Widerquist Michael W. Howard

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© 2012 Karl Widerquist and Michael W. Howard

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Erickson, G., Groh, C. (2012). How the APF and the PFD Operate: The Peculiar Mechanics of Alaska’s State Finances. In: Widerquist, K., Howard, M.W. (eds) Alaska’s Permanent Fund Dividend. Exploring the Basic Income Guarantee. Palgrave Macmillan, New York. https://doi.org/10.1057/9781137015020_3

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