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Abstract This paper focuses on the challenges to the Colorado state budget, in particular the potential impact that recent court decision may have for the budgetary choices available to the state in light of existing fiscal institutions. Among the most important of these fiscal institutions is...
Persistent link: https://www.econbiz.de/10014589902
companies. Domestic companies' MV/BV decreases by 0.016 times for 1% increase of debt ratio while MNCs' MV/BV decreases by 0 ….048 times for 1% increase of debt-equity ratio and vice-versa. With debt-equity ratio, domestic companies' Tobin's Q is …
Persistent link: https://www.econbiz.de/10012043626
debt fit into the annual budget debate? Evaluation of debt loads help Californians assess the fiscal prudence and …
Persistent link: https://www.econbiz.de/10014589722
state has drastically increased nonguaranteed debt, has privatized the public fisc, and has devolved the authority to lay …
Persistent link: https://www.econbiz.de/10014589795
In 2008 the Ecuadorian government received a report on the legitimacy of the country's sovereign debt from an … international audit commission appointed by Ecuador's current president, Rafael Correa. This concluded that much of the debt was … altogether, engineered a successful buyback at a large discount. Having thus reduced Ecuador's external commercial debt burden by …
Persistent link: https://www.econbiz.de/10014615431
whether debt and deficits are sustainable. Unit root and co-integration tests reveal that public debt in Lebanon is not … sustainable. It is also shown that Lebanon could be heading towards a debt and exchange rate crisis, which could degenerate into a …
Persistent link: https://www.econbiz.de/10014618728