Open AccessFiscal Imbalances and Borrowing Costs: Evidence from State Investment Losses
Author(s) -
Robert NovyMarx,
Joshua Rauh
Publication year - 2012
Publication title -
american economic journal economic policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 7.868
H-Index - 62
eISSN - 1945-7731
pISSN - 1945-774X
DOI - 10.1257/pol.4.2.182
Subject(s) - municipal bond , pension , basis point , bond , state (computer science) , revenue , quarter (canadian coin) , monetary economics , sovereign default , investment (military) , economics , pension fund , bond market , financial system , government (linguistics) , government bond , state government , business , finance , sovereignty , market economy , archaeology , algorithm , sovereign debt , politics , computer science , political science , law , history , incentive , linguistics , philosophy
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