Rank order analysis of state general obligation bond ratings

Rural governments in the Northeast purchased credit ratinqs for a high percentage of their general obligation bonds sold in 1977. This paper examines the effect credit ratings had on the interest cost of GO bonds sold by nonmetro governments in the Northeast. The results suggest that the decision to purchase a rating may be a costly error under certain circumstances.

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Delayed Benefits: Effects of California School District Bond Elections on Achievement by Socioeconomic Status

Sociology of Education ◽

10.1177/0038040719892577 ◽

2019 ◽

Vol 93 (2) ◽

pp. 110-131 ◽

Cited By ~ 2

Author(s):

Emily Rauscher

Keyword(s):

Socioeconomic Status ◽

Low Income ◽

Capital Investments ◽

Bond Elections ◽

Local Revenue ◽

Heterogeneous Effects ◽

General Obligation ◽

Contradictory Evidence ◽

General Obligation Bond ◽

The Relationship

Contradictory evidence of the relationship between education funding and student achievement could reflect heterogeneous effects by revenue source or student characteristics. This study examines potential heterogeneous effects of a particular type of local revenue—bond funds for capital investments—on achievement by socioeconomic status. Comparing California school districts within a narrow window on either side of the cutoff of voter support required to pass a general obligation bond measure, I use dynamic regression discontinuity models to estimate effects of passing a bond on academic achievement among low- and high-socioeconomic-status (SES) students. Results consistently suggest that passing a bond increases achievement among low- but not high-SES students. However, these benefits for low-SES students are delayed and emerge six years after an election. Effects are larger in low-income districts and in small districts, where benefits of capital investments are experienced by a larger proportion of students.

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Use of Rank-Order Analysis of Ordinal Exposure Data: Application to Vinyl Chloride Exposure

Applied Occupational and Environmental Hygiene ◽

10.1080/104732201460325 ◽

2001 ◽

Vol 16 (2) ◽

pp. 188-191 ◽

Cited By ~ 2

Author(s):

Richard Lewis

Keyword(s):

Vinyl Chloride ◽

Rank Order ◽

Order Analysis ◽

Exposure Data ◽

Data Application

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General obligation bond financing by local governments: A survey of state controls. By Frances L. Starner with David A. Leuthold and John F. McCarty. Bureau of Public Administration, University of California, Berkeley, December 1961. 120 pp. $2.00

National Civic Review ◽

10.1002/ncr.4100510419 ◽

1962 ◽

Vol 51 (4) ◽

pp. 234-234

Keyword(s):

Public Administration ◽

Local Governments ◽

University Of California ◽

General Obligation ◽

General Obligation Bond

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A Survey of the Prevalent Forms of Corruption in the Construction Industry in Botswana

Journal for the Advancement of Performance Information and Value ◽

10.37265/japiv.v9i1.36 ◽

2017 ◽

Vol 9 (1) ◽

Author(s):

Oscar Legae ◽

Aderemi Adeyemi

Keyword(s):

Construction Industry ◽

Rank Order ◽

Capital Investments ◽

Construction Process ◽

Order Analysis ◽

Planning And Design ◽

District Council ◽

Southern District ◽

Economic Developments ◽

Prevalent Form

The Construction industry is contributing immensely towards social and economic developments around the world. However the industry is susceptible to corrupt practices because it involves substantial capital investments. Every phase of the construction process: planning and design, pre-qualification, tendering, project execution, operation and maintenance is attractive to corruption. The effects of corruption are quite substantial in terms of quality, time and cost of a project. The objective of this study was to identify the most prevalent form of corruption in the Construction industry in Botswana. The study was quantitative and conducted through literature review on the topics related to corruption in the Construction industry followed by questionnaire survey. A total of 81 questionnaires were distributed among the relevant employees of the Directorate of Building and Engineering Services (DBES), Southern District Council (SDC) and contracting organizations. Sixty properly filled questionnaires were returned giving a response rate of 74.07%. Cronbach's Alpha equals 0.939 for the entire questionnaire which indicates an excellent reliability of the entire questionnaire. Rank-order Analysis was performed to examine the professionals’ perceptions of the most prevalent form of corruption in Botswana’s construction industry The results indicate that bribery in form of cash inducement, gifts, favors, and kickbacks rank highest (RII= 0.65) and constitute the most prevalent form of corruption in Botswana’s construction industry.

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