Do Credit Markets Discipline Sovereign Borrowers? Evidence from US States
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- Bayoumi, Tamim & Goldstein, Morris & Woglom, Geoffrey, 1995. "Do Credit Markets Discipline Sovereign Borrowers? Evidence from the U.S. States," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 27(4), pages 1046-1059, November.
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KeywordsCredit Market; Fiscal Discipline;
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
- H74 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Borrowing
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