Pay with Promises or Pay as You Go? Lessons from the Death Spiral of Detroit
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More about this item
KeywordsCity growth; Pay with promises; Death spiral; Defined benefit pension plans; Retiree health benefits; Detroit;
- H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General
- H75 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Government: Health, Education, and Welfare
- R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population
- R51 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Finance in Urban and Rural Economies
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-AGE-2014-07-21 (Economics of Ageing)
- NEP-ALL-2014-07-21 (All new papers)
- NEP-URE-2014-07-21 (Urban & Real Estate Economics)
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