To read this content please select one of the options below:

Classification models and municipal bond ratings

Aman Khan (Public Administration Program Department of Political Science Texas Tech University Lubbock, Texas 79409)

Journal of Public Budgeting, Accounting & Financial Management

ISSN: 1096-3367

Article publication date: 1 March 1994

81

Abstract

Bond rating studies have received and continue to receive considerable attention in the literature on government finance. This study focuses on two major issues of municipal bond ratings that occupy the center-stage of these discussions: What charac-teristics does a rating institution analyze when assigning rating to a government? How significant are these characteristics in predicting the ratings given by these institutions? Using a combination of economic, financial, and demographic factors, the study reexamines these questions on a select group of cities.

Citation

Khan, A. (1994), "Classification models and municipal bond ratings", Journal of Public Budgeting, Accounting & Financial Management, Vol. 6 No. 2, pp. 174-201. https://doi.org/10.1108/JPBAFM-06-02-1994-B001

Publisher

:

Emerald Publishing Limited

Copyright © 1994, 8 by PrAcademics Press

Related articles