Do fiscal constraints prevent default? Historical evidence from U.S. municipalities
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More about this item
KeywordsDefault; Sovereign debt; Fiscal constraints; Panic of 1893; Credible commitments;
- D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation
- H73 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Interjurisdictional Differentials and Their Effects
- H74 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Borrowing
- N21 - Economic History - - Financial Markets and Institutions - - - U.S.; Canada: Pre-1913
- N41 - Economic History - - Government, War, Law, International Relations, and Regulation - - - U.S.; Canada: Pre-1913
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