MARKS, Barry R.
Fiscal determinants of state borrowing costs - New York : Marcel Dekker, 1987
This paper examines the fiscal determinants of net interest cost on new State general obligation bond issues. Our empirical results indicate that actual fiscal performance does have information content for States' borrowing costs beyond the information already impounded in bond ratings.
Fiscal determinants of state borrowing costs - New York : Marcel Dekker, 1987
This paper examines the fiscal determinants of net interest cost on new State general obligation bond issues. Our empirical results indicate that actual fiscal performance does have information content for States' borrowing costs beyond the information already impounded in bond ratings.
