Maher, Craig S.; Oh, Jae Won; Liao, Wei-Jie - In: Journal of Public Budgeting, Accounting & Financial … 32 (2020) 4, pp. 691-711
Purpose: Identifying tools for predicting fiscally distressed local governments has received heightened attention following the Great Recession of 2007–2009. Despite the recent expansion of research, measuring fiscal distress is challenging because of the operational complexity associated...