Municipal borrowing costs and state policies for distressed municipalities
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DOI: 10.1016/j.jfineco.2018.10.009
Abstract: Policies on financially distressed municipalities differ across US states, with some allowing unconditional access to Chapter 9 bankruptcy (Chapter 9 states) and others having proactive policies to assist distressed municipalities (Proactive states). These differences significantly… read more here.
Keywords: distressed municipalities; borrowing costs; chapter; state ... See more keywords