Information resolution and subnational capital markets

Information resolution and subnational capital markets / Christine R. Martell, Tima T. Moldogaziev, and Salvador Espinosa.

"This book theorizes that information is a critical factor for subnational government (SNG) capital market formation and development. It empirically tests the stated relationship between information resolution institutions and mechanisms of information resolution on SNG borrowing. Based on empi...

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Bibliographic Details
Main Authors: Martell, Christine R. (Author), Moldogaziev, Temirlan Tilekovich (Author), Espinosa, Salvador (Author)
Format: eBook
Language:English
Published: New York, NY : Oxford University Press, [2021]
Subjects:
Local finance.
Debts, Public.
Capital market.
Government information > Access control.
Credit ratings > Access control.
Financial disclosure.
Credit control.
Transparency in government.
Decentralization in government.
Subnational governments.
Capital market
Credit control
Credit ratings > Access control
Debts, Public
Decentralization in government
Financial disclosure
Government information > Access control
Local finance
Subnational governments
Transparency in government
Online Access:Click for online access
Table of Contents:
  • Subnational capital finance
  • A theory of subnational government capital market information
  • Review of literature on subnational government borrowing
  • System-level information resolution and contractibility
  • Information resolution, information content, and city debt
  • Understanding, managing, and communicating credit fundamentals
  • Three contexts of information resolution reforms
  • Subnational government capital financing : lessons for policy and practice.

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