We examine the impact of population aging on municipal access to credit. A one standard
deviation increase in a state's population age leads to a 23 basis point increase in municipal …

Purpose The purpose of this paper is to examine the association between conformity with
generally accepted accounting principles (GAAP) indicated by Governmental Accounting …

There is a strong consensus among economists and public pension experts that many
public pensions are substantially underfunded and that absent fundamental reform many …

Public employee pension funding in the United States continues to be a topic of interest to
both practitioners and researchers. Early works in this area date back to Mumy (1978) …

This article examines the funding status of downstate (which includes suburban) Illinois
police and fire pension funds in relation to professional recommendations, the numbers of …

This dissertation contains three chapters. In the first chapter," Finance, Public Goods, and
Migration'', I show that shocks to the supply of municipal credit affect both the quantity and …