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Central Policies for Local Debt: The Case of Teacher Pensions

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NBER1987-02-01 更新2025-01-04 收录
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The recent debt crises in New York City and Cleveland, the deterioration of public infra-structures in certain of our states and larger cities, and the occasional bankruptcy of smaller pension plans suggest that not all of local finance stands on a sound fiscal base. This paper examines the trends

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1987-02-01
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