This study examines the market for delinquent property tax certificates, a commonly used enforcement mechanism in property tax systems around the United States. We model the value of such certificates using a continuous-time framework and propose a statistical model that allows testing for...

The implementation of the Government Accounting Standards Board's Statement 45 mandates disclosure of other post-employment benefits in a standardized format. The mandate provides an opportunity to analyze non-information impacts of mandatory disclosures, as key components of the information...