Market-based fiscal discipline in monetary unions: evidence from the US municipal bond market

2012 ◽  
pp. 228-270 ◽  
Author(s):  
Morris Goldstein ◽  
Geoffrey Woglom ◽  
Mervyn King ◽  
Vito Tanzi
Keyword(s):  
Bond Market ◽  
Municipal Bond ◽  
Monetary Unions ◽  
Fiscal Discipline ◽  
The Us

Market-based Fiscal Discipline in Monetary Unions: Evidence from the US Municipal Bond Market

2017 ◽  
pp. 127-163 ◽  
Author(s):  
Morris Goldstein ◽  
Geoffrey Woglom
Keyword(s):  
Bond Market ◽  
Municipal Bond ◽  
Monetary Unions ◽  
Fiscal Discipline ◽  
The Us

Market-Based Fiscal Discipline in Monetary Unions: Evidence From the U.S. Municipal Bond Market

1991 ◽  
Vol 91 (89) ◽  
pp. 1 ◽  
Author(s):  
Morris Goldstein ◽  
Geoffrey Woglom ◽  
◽  
Keyword(s):  
Bond Market ◽  
Municipal Bond ◽  
Monetary Unions ◽  
Fiscal Discipline ◽  
The U.S

The US Municipal Bond Market

2001 ◽  
pp. 427-433
Author(s):  
Moorad Choudhry
Keyword(s):  
Bond Market ◽  
Municipal Bond ◽  
The Us

Rising state budget gaps could rein in the US rebound

2020 ◽  
Keyword(s):  
Federal Reserve ◽  
Behavioural Change ◽  
Bond Market ◽  
Municipal Bonds ◽  
Municipal Bond ◽  
State Budget ◽  
Content Type ◽  
Us States ◽  
Fiscal Constraints ◽  
The Us

Significance Fiscal constraints limit the ability of US states to practise counter-cyclical fiscal policy, and some states and municipalities had budgetary troubles even before the pandemic. Pension deficits are a particular problem. The USD500bn Federal Reserve (Fed) programme to buy states' municipal bonds has been barely used. Impacts The Biden administration will be tested in trying to get the Senate, which is likely to remain Republican, to provide money to states. If a city files for bankruptcy, contagion could spread statewide and, more broadly, the US municipal bond market could be disrupted. Even if a vaccine is widely distributed in 2021, recovery will remain fragile as a result of permanent scarring and behavioural change.

Did Steve Forbes scare the US municipal bond market?

1999 ◽  
Vol 74 (1) ◽  
pp. 81-96 ◽  
Author(s):  
Joel Slemrod ◽  
Timothy Greimel
Keyword(s):  
Bond Market ◽  
Municipal Bond ◽  
The Us

The US Municipal Bond Market

2004 ◽  
pp. 263-271
Author(s):  
Moorad Choudhry
Keyword(s):  
Bond Market ◽  
Municipal Bond ◽  
The Us

scholarly journals The changing value of the ‘green’ label on the US municipal bond market

2018 ◽  
Vol 8 (2) ◽  
pp. 161-165 ◽  
Author(s):  
Andreas Karpf ◽  
Antoine Mandel
Keyword(s):  
Bond Market ◽  
Municipal Bond ◽  
The Us ◽  
Green Label

Revitalizing Municipal Bond Market : The Case of Total Bond Limits Policy

2019 ◽  
Vol 17 (1) ◽  
pp. 175-195 ◽  
Author(s):  
Il Hwan Chung ◽  
◽  
Eung Gil Kim
Keyword(s):  
Bond Market ◽  
Municipal Bond

Investing with Futures in the Municipal Bond Market—Part II

1988 ◽  
Vol 1988 (1) ◽  
pp. 47-49, 62-64
Author(s):  
P. Kevin Walsh
Keyword(s):  
Bond Market ◽  
Municipal Bond
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