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Personal bankruptcy filings in the United States increased, per capita, nearly 350 percent between 1980 and 2005. This paper first addresses the changes in economic and institutional factors that have occurred over the past 100 years, many of which have occurred in the past 30 years, which are...
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as tax and expenditure limitation laws, rainy day funds, and balanced budget rules, in state budgeting and finance. …
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, such as media groups or professional sports organizations.> Of the legal arrangements identified in the finance literature …
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Linearized New Keynesian models and empirical no-arbitrage macro-finance models offer little insight regarding the …
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