1.
Are State Public Pensions Sustainable? Why the Federal Government Should Worry About State Pension Liabilities
Number of pages: 27
Posted: 27 Apr 2010
Last Revised: 17 May 2010
Working Paper Series
Stanford Graduate School of Business
Downloads
8,127
2.
Financing Dies in Darkness? The Impact of Newspaper Closures on Public Finance
Journal of Financial Economics, (2020) vol. 135, no. 2, 445-467
Number of pages: 71
Posted: 15 May 2018
Last Revised: 12 Oct 2020
Accepted Paper Series
University of Notre Dame - Mendoza College of Business, Korea Advanced Institute of Science and Technology (KAIST) - College of Business and University of Illinois at Chicago
Downloads
3,151
3.
An Examination of the Effects of Budgetary Control on Performance: Evidence from the Cities
AAA 2008 MAS Meeting Paper
Number of pages: 42
Posted: 31 Jul 2007
Last Revised: 10 Oct 2013
Working Paper Series
University of Louisville - College of Business and Northern Illinois University - Department of Accountancy
Downloads
2,184
4.
Municipal Bond Liquidity and Default Risk
Journal of Finance, Forthcoming, Fisher College of Business Working Paper No. 2016-03-16, Charles A. Dice Center Working Paper No. 2016-16
Number of pages: 55
Posted: 15 Mar 2014
Last Revised: 08 Nov 2016
Accepted Paper Series
University of Pennsylvania - The Wharton School
Downloads
1,774
5.
The Great Wall of Debt: Real Estate, Political Risk, and Chinese Local Government Financing Cost
Georgetown McDonough School of Business Research Paper No. 2603022, PBCSF-NIFR Research Paper No. 15-02
Number of pages: 48
Posted: 07 May 2015
Last Revised: 29 Jul 2019
Working Paper Series
BlackRock, Inc, Georgetown University - Department of Finance and Tsinghua University - PBC School of Finance
Downloads
1,652
6.
Sovereign Debt Restructuring and U.S. Executive Power (Reestructuración de Deuda Soberana y el Poder Ejecutivo Norteamericano)
Capital Markets Law Journal (Forthcoming), Duke Law School Public Law & Legal Theory Series No. 2018-55
Number of pages: 49
Posted: 03 Oct 2018
Last Revised: 01 Nov 2018
Accepted Paper Series
Center for Contract and Economic Organization and Duke University School of Law
Downloads
1,269
7.
Government Bond Risk Premiums in the EU Revisited: The Impact of the Financial Crisis
ECB Working Paper No. 1152
Number of pages: 29
Posted: 27 Feb 2010
Working Paper Series
European Central Bank (ECB), University of Bonn and European Central Bank (ECB)
There are 2 versions of this paper
Government Bond Risk Premiums in the EU Revisited: The Impact of the Financial Crisis
ECB Working Paper No. 1152
Number of pages: 29
Posted: 27 Feb 2010
Downloads
1,217
Government Bond Risk Premiums in the EU Revisited: The Impact of the Financial Crisis
CEPR Discussion Paper No. DP7499
Number of pages: 20
Posted: 17 Nov 2009
Downloads
10
Downloads
1,217
8.
U.S. Tax Treaty Policy and the European Court of Justice
Tax Law Review, Vol. 59, 2005
Number of pages: 85
Posted: 12 Sep 2005
Last Revised: 27 Feb 2013
Accepted Paper Series
University of Virginia School of Law
Downloads
1,113
9.
Governmental Accounting and Austerity Policies: Accounting Representations of Public Debt and Deficit in Europe and Abroad
Accounting Forum (2016). DOI: dx.doi.org/10.1016/j.accfor.2016.05.003, EGPA Permanent Study Group XII “Public Sector Financial Management”, ISCTE Business School, Lisbon (Portugal), May 8-9, 2014., Accounting, Economics and Law Research Network Conference, SASE Annual Meeting, University of Milano, 27-29 June 2013. , 8th International EIASM Public Sector Conference, Edinburgh (UK), 2-4 September, 2014.
Number of pages: 25
Posted: 06 Apr 2013
Last Revised: 06 Jun 2016
Working Paper Series
French National Center for Scientific Research (CNRS)
Downloads
1,097
10.
The Capital Market Before 1600
Dartmouth College, Department of Economics Working Paper No. 99-06
Number of pages: 27
Posted: 09 Mar 1999
Working Paper Series
Dartmouth College - Department of Economics
Downloads
1,032
11.
Assessing Municipal Bond Default Probabilities
Number of pages: 154
Posted: 02 May 2013
Last Revised: 19 Nov 2013
Working Paper Series
San Jose State University - Department of Economics and Public Sector Credit Solutions
Downloads
1,022
12.
Institutional Theory and Accounting Rule Choice: An Analysis of the Four U.S. State Governments' Decisions to Adopt Generally Accepted Accounting Principles
Accounting, Organizations and Society, Vol. 26, No. 7 (Lead Article), pp. 565-596, 2001
Number of pages: 33
Posted: 28 Jul 2008
Last Revised: 31 Dec 2018
Accepted Paper Series
Atwater Entertainment and University of Washington Tacoma, Milgard School of Business-Accounting
Downloads
957
13.
Pricing Contract Terms in a Crisis: Venezuelan Bonds in 2016
Forthcoming, Capital Markets Law Journal (2016)
Number of pages: 22
Posted: 13 Jun 2016
Last Revised: 11 Jul 2017
Accepted Paper Series
Bocconi University - Department of Finance, Bocconi University - Department of Finance, Duke University School of Law and University of Zurich - Department of Banking and Finance
Downloads
904
14.
Pricing Covered Bonds
In Proceedings: C.R.E.D.I.T. 2009.
Number of pages: 20
Posted: 16 May 2009
Last Revised: 13 Aug 2014
Accepted Paper Series
MUFG Securities EMEA plc
Downloads
899
15.
Corruption, Political Connections, and Municipal Finance
AFA 2008 New Orleans Meetings Paper
Number of pages: 48
Posted: 22 Mar 2007
Last Revised: 29 Aug 2008
Working Paper Series
Rice University - Jesse H. Jones Graduate School of Business, University of Tennessee, Knoxville - Department of Finance and University of Alabama - Culverhouse College of Commerce & Business Administration
There are 2 versions of this paper
Corruption, Political Connections, and Municipal Finance
AFA 2008 New Orleans Meetings Paper
Number of pages: 48
Posted: 22 Mar 2007
Last Revised: 29 Aug 2008
Downloads
868
Corruption, Political Connections, and Municipal Finance
The Review of Financial Studies, Vol. 22, Issue 7, pp. 2673-2705, 2009
Posted: 22 Jun 2009
Downloads
868
16.
Subnational Debt of China: The Politics-Finance Nexus
Journal of Financial Economics (JFE), Forthcoming
Number of pages: 60
Posted: 01 Jul 2016
Last Revised: 14 May 2021
Accepted Paper Series
Renmin University of China, Nanyang Business School, Nanyang Technological University and The University of Hong Kong - Faculty of Business and Economics
Downloads
868
17.
Deterring Holdout Creditors in a Restructuring of PDVSA Bonds and Promissory Notes (¿Cómo disuadir a acreedores 'holdout' en una restructuración de bonos y pagarés de PDVSA?)
Number of pages: 12
Posted: 25 Oct 2017
Last Revised: 05 Nov 2017
Working Paper Series
Center for Contract and Economic Organization and Duke University School of Law
Downloads
783
18.
An Inconvenient Cost: The Effects of Climate Change on Municipal Bonds
Journal of Financial Economics (JFE), Forthcoming
Number of pages: 47
Posted: 09 May 2018
Last Revised: 24 Sep 2018
Accepted Paper Series
Saint Louis University - Department of Finance
Downloads
782
19.
The Revenue Demands of Public Employee Pension Promises
Number of pages: 63
Posted: 16 Dec 2011
Last Revised: 16 Oct 2012
Working Paper Series
Simon Business School, University of Rochester and Stanford Graduate School of Business
There are 2 versions of this paper
The Revenue Demands of Public Employee Pension Promises
Number of pages: 63
Posted: 16 Dec 2011
Last Revised: 16 Oct 2012
Downloads
771
The Revenue Demands of Public Employee Pension Promises
NBER Working Paper No. w18489
Number of pages: 64
Posted: 27 Oct 2012
Downloads
26
Downloads
771
20.
Local Crowding Out in China
Journal of Finance, Forthcoming
Number of pages: 104
Posted: 11 Aug 2016
Last Revised: 27 Oct 2019
Accepted Paper Series
Graduate Institute of International and Development Studies, University of Naples Federico II - Department of Economics and Statistics and Graduate Institute of International and Development Studies (IHEID) - Department of Economics
There are 3 versions of this paper
Local Crowding Out in China
Journal of Finance, Forthcoming
Number of pages: 104
Posted: 11 Aug 2016
Last Revised: 27 Oct 2019
Downloads
759
Local Crowding Out in China
CFS Working Paper, No. 632, 2019
Number of pages: 87
Posted: 08 Nov 2019
Downloads
85
Local Crowding Out in China
CEPR Discussion Paper No. DP11489
Number of pages: 107
Posted: 06 Sep 2016
Last Revised: 31 Oct 2019
Downloads
759
21.
Democracy and Delaware: The Mysterious Race to the Top/Bottom
Yale Law and Policy Review, Vol. 23, 381-454, 2005, U of Utah Legal Studies Paper No. 05-09
Number of pages: 75
Posted: 07 Feb 2005
Accepted Paper Series
Hofstra University College of Law
Downloads
750
22.
The Economic Effects of Public Financing: Evidence from Municipal Bond Ratings Recalibration
Number of pages: 84
Posted: 12 Dec 2014
Last Revised: 13 Mar 2017
Working Paper Series
Duke University, University of Kentucky and Nova School of Business and Economics
There are 2 versions of this paper
The Economic Effects of Public Financing: Evidence from Municipal Bond Ratings Recalibration
Number of pages: 84
Posted: 12 Dec 2014
Last Revised: 13 Mar 2017
Downloads
718
The Economic Effects of Public Financing: Evidence from Municipal Bond Ratings Recalibration
CEPR Discussion Paper No. DP11811
Number of pages: 87
Posted: 30 Jan 2017
Downloads
1
Downloads
718
23.
Does Mandatory Disclosure Reduce the Cost of Capital? Evidence from Bonds
Number of pages: 34
Posted: 19 Jul 2004
Working Paper Series
George Washington University - School of Business
Downloads
704
24.
States of Bankruptcy
University of Chicago Law Review, Vol. 79, No. 2, Pg. 677, 2012, U of Penn, Inst for Law & Econ Research Paper No. 11-24, U of Penn Law School, Public Law Research Paper No. 11-30
Number of pages: 61
Posted: 10 Aug 2011
Last Revised: 13 Sep 2012
Accepted Paper Series
University of Pennsylvania Law School
Downloads
639
25.
Federalism Form and Function in the Detroit Bankruptcy
33 Yale Journal on Regulation 55 (2016), UNC Legal Studies Research Paper No. 2635767
Number of pages: 54
Posted: 28 Jul 2015
Last Revised: 07 May 2016
Accepted Paper Series
University of North Carolina School of Law
Downloads
618
26.
Drivers of Municipal Bond Defaults during the Great Depression
Number of pages: 107
Posted: 16 Dec 2012
Working Paper Series
Public Sector Credit Solutions
Downloads
610
27.
GASB 34's Information Relevance: Evidence from New Issue Local Government Debt
Number of pages: 37
Posted: 15 Apr 2010
Working Paper Series
University of Washington
Downloads
583
28.
Is Bankruptcy the Answer for Troubled Cities and States?
Houston Law Review, 2013, U of Penn, Inst for Law & Econ Research Paper No. 13-9
Number of pages: 32
Posted: 04 Apr 2013
Accepted Paper Series
University of Pennsylvania Law School
Downloads
543
29.
Fiscal Imbalances and Borrowing Costs: Evidence from State Investment Losses
Number of pages: 55
Posted: 18 Nov 2009
Last Revised: 30 Mar 2011
Working Paper Series
Simon Business School, University of Rochester and Stanford Graduate School of Business
Downloads
541
30.
The Political Economy of Financial Innovation: Evidence from Local Governments
Review of Financial Studies, Forthcoming
Number of pages: 61
Posted: 30 Jul 2011
Last Revised: 15 Aug 2017
Accepted Paper Series
HEC Paris - Finance Department and Harvard Business School - Finance Unit
Downloads
541
31.
Corruption and Municipal Finance
Number of pages: 40
Posted: 16 Aug 2004
Last Revised: 26 Aug 2008
Working Paper Series
Rice University - Jesse H. Jones Graduate School of Business
Downloads
530
32.
Bankruptcy, Backwards: The Problem of Quasi-Sovereign Debt
Yale Law Journal, Vol. 121, p. 888, 2012, American University, WCL Research Paper No. 2012-06
Number of pages: 56
Posted: 24 Dec 2011
Last Revised: 04 Feb 2012
Accepted Paper Series
Georgetown University Law Center
Downloads
508
33.
Implicit Government Guarantee and the Pricing of Chinese LGFV Debt
Claremont McKenna College Robert Day School of Economics and Finance Research Paper No. 2922946
Number of pages: 33
Posted: 24 Feb 2017
Working Paper Series
Guanghua School of Management, Peking University, Hong Kong University of Science & Technology (HKUST) and Claremont McKenna College - Robert Day School of Economics and Finance
Downloads
499
34.
Tontine Pensions
163(3) University of Pennsylvania Law Review 755-831 (Feb. 2015)
Number of pages: 77
Posted: 10 Feb 2014
Last Revised: 06 Mar 2015
Accepted Paper Series
University of Oklahoma College of Law and Independent
Downloads
493
35.
After Orange County: Reforming California Municipal Bankruptcy Law
Number of pages: 60
Posted: 14 May 2002
Accepted Paper Series
Boston University School of Law
Downloads
485
36.
Why Fears About Municipal Credit are Overblown
Harvard Business School Finance Working Paper No. 1836678
Number of pages: 48
Posted: 10 May 2011
Last Revised: 21 Jun 2011
Working Paper Series
Brandeis International Business School and Harvard Business School - Finance Unit
Downloads
481
37.
Opioid Crisis Effects On Municipal Finance
Number of pages: 83
Posted: 12 Sep 2019
Last Revised: 16 Apr 2021
Working Paper Series
Pennsylvania State University - Department of Finance, University of Georgia, Pennsylvania State University - Smeal College of Business and University of Nevada, Las Vegas
Downloads
468
38.
State Infrastructure Banks: A Virginia Perspective
GMU School of Public Policy Research Paper No. 2010-32
Number of pages: 30
Posted: 26 Nov 2010
Last Revised: 29 Nov 2010
Working Paper Series
George Mason University School of Public Policy
Downloads
468
39.
Where the Heart Is: Information Production and the Home Bias
Management Science, Forthcoming
Number of pages: 66
Posted: 03 Nov 2014
Last Revised: 30 Jun 2019
Working Paper Series
Pennsylvania State University - Department of Finance, Pennsylvania State University - Department of Finance and Michigan State University - Department of Finance
Downloads
453
40.
Junk Cities: Resolving Insolvency Crises in Overlapping Municipalities
California Law Review, Vol. 107, 2019, Yale Law School, Public Law Research Paper No. 637, Yale Law & Economics Research Paper No. 595
Number of pages: 85
Posted: 29 Apr 2018
Last Revised: 26 Jun 2018
Accepted Paper Series
Independent, Georgetown University Law Center and Yale University - Law School
Downloads
436
41.
The Effect of Credit Ratings on Disclosure: Evidence from the Recalibration of Moody’s Municipal Ratings
Number of pages: 66
Posted: 16 Apr 2018
Last Revised: 10 Apr 2020
Working Paper Series
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of Chicago -- Booth School of Business and University of Pennsylvania - The Wharton School
Downloads
429
42.
Accounting for Financial Health: Different Local Governments’ Choices in Different Governance Settings
Number of pages: 21
Posted: 16 Sep 2011
Working Paper Series
University of Bologna - Department of Management, University of Bologna - Department of Management and Università Degli Studi di Salerno - Department of Management Research
Downloads
422
43.
Do Credit Rating Agencies Influence Elections?
Number of pages: 61
Posted: 18 Mar 2016
Last Revised: 17 Aug 2020
Working Paper Series
University of Kentucky, Nova School of Business and Economics and NOVA School of Business and Economics
There are 2 versions of this paper
Do Credit Rating Agencies Influence Elections?
Number of pages: 61
Posted: 18 Mar 2016
Last Revised: 17 Aug 2020
Downloads
422
Can Credit Rating Agencies Affect Election Outcomes?
CEPR Discussion Paper No. DP12430
Number of pages: 62
Posted: 17 Nov 2017
Downloads
422
44.
Born Out of Necessity: A Debt Standstill for COVID-19
Center for Economic Policy Research; Policy Insight No. 103 (2020), Duke Law School Public Law & Legal Theory Series No. 2020-23
Number of pages: 11
Posted: 28 Apr 2020
Last Revised: 13 May 2020
Accepted Paper Series
Columbia Business School - Department of Economics, Center for Contract and Economic Organization, University of California, Berkeley - Department of Economics, Duke University School of Law, University of Chicago - Booth School of Business, United Nations - Conference on Trade and Development (UNCTAD) and Graduate Institute Geneva, IHEID
Downloads
415
45.
Municipal Bond Liquidity Before and After the Financial Crisis
Number of pages: 33
Posted: 26 Jan 2013
Working Paper Series
University of Washington
Downloads
414
46.
Fiscal Rules for Sub-Central Governments: Design and Impact
OECD Working Paper No. 52
Number of pages: 76
Posted: 19 Dec 2005
Working Paper Series
Organization for Economic Co-Operation and Development (OECD) - Economics Department (ECO), Organization for Economic Co-Operation and Development (OECD) - Economics Department (ECO) and Organization for Economic Co-Operation and Development (OECD) - Economics Department (ECO)
Downloads
406
47.
Voluntary Disclosure Incentives: Evidence from the Municipal Bond Market
Journal of Accounting & Economics (JAE), 62 (2016), pp. 87-102.
Number of pages: 33
Posted: 03 Nov 2013
Last Revised: 17 Nov 2016
Accepted Paper Series
New York University (NYU) - Leonard N. Stern School of Business
Downloads
401
48.
Hands On! Part I: The Trilemma Facing the Federal Government During State and Local Budget Crises
Yale Law School, Public Law Research Paper Forthcoming
Number of pages: 54
Posted: 28 Jul 2020
Working Paper Series
Yale University - Law School
Downloads
377
49.
Municipal Borrowing Costs and State Policies for Distressed Municipalities
Journal of Financial Economics, (2019) vol. 132, no. 2, 404-426
Number of pages: 59
Posted: 30 Sep 2016
Last Revised: 02 Feb 2020
Accepted Paper Series
University of Notre Dame - Mendoza College of Business, Korea Advanced Institute of Science and Technology (KAIST) - College of Business and University of Illinois at Chicago
Downloads
374
50.
WRONGS TO RIGHTS: The Global Financial Crisis Offers an Opportunity to Lay the Foundation for an Equitable and Sustainable Economic and Social Order
Islamic Horizons, pp. 22-24, March/April 2009
Number of pages: 3
Posted: 24 May 2009
Last Revised: 20 Feb 2018
Accepted Paper Series
University of Washington Tacoma, Milgard School of Business-Accounting
Downloads
367
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.