Accounting Numbers and Socioeconomic Variables As Predictors of Municipal General Obligation Bond Ratings

1984 ◽  
Vol 22 (1) ◽  
pp. 412 ◽  
Author(s):  
Shari H. Wescott
Keyword(s):  
Bond Ratings ◽  
Socioeconomic Variables ◽  
Accounting Numbers ◽  
General Obligation ◽  
General Obligation Bond

State General Obligation Bond Credit Ratings

1978 ◽  
Vol 9 (3) ◽  
pp. 29-35 ◽  
Author(s):  
JEROME S. OSTERYOUNG ◽  
DALLAS R. BLEVINS
Keyword(s):  
Credit Ratings ◽  
General Obligation ◽  
General Obligation Bond

scholarly journals Municipal Bond Ratings: Are They Worthwhile for Rural Governments?

1982 ◽  
Vol 11 (1) ◽  
pp. 67-73
Author(s):  
Patrick J. Sullivan
Keyword(s):  
Credit Ratings ◽  
Municipal Bond ◽  
Bond Ratings ◽  
General Obligation Bonds ◽  
General Obligation

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.

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

2019 ◽  
Vol 93 (2) ◽  
pp. 110-131 ◽  
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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