Public Sector Economics

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The behavior of U.S. States’ debts and deficits



Maria Cornachione Kula*
Preliminary communication   |   Year:  2019   |   Pages:  267 - 289   |   Volume:  43   |   Issue:  3
Received:  February 21, 2019   |   Accepted:  May 17, 2019   |   Published online:  September 14, 2019
Download citation        https://doi.org/10.3326/pse.43.3.3       


Table 1
Descriptive statistics
DISPLAY Table

Table 2
Average Chubb yields over all states and high-low spread by year
DISPLAY Table

Table 3A
sjt = α + β1djt + εjt
DISPLAY Table

Table 3B
sjt = α + β1djt + β2GVARjt + β3YVARjt + εjt
DISPLAY Table

Table 4A
sjt = αj + β1djt + εjt
DISPLAY Table

Table 4B
sjt = αj + β1djt + β2GVARjt + β3YVARjt + εj
DISPLAY Table

Table 5A
sjt = αj + Yt + β1djt + εjt
DISPLAY Table

Table 5B
sjt = αj + γt + β1djt + β2GVARjt + β3YVARjt + εjt
DISPLAY Table

Table 6A
sjt = α + β1djt + β2Rjt-1 + εjt
DISPLAY Table

Table 6B
sjt = α + β1djt + β2Rjt–1 + β3GVARjt + β4YVARjt + εjt
DISPLAY Table

Table 7A
sjt = αj + β1djt + β2Rjt–1 + εjt
DISPLAY Table

Table 7B
sjt = αj + β1djt + β2Rjt–1 + β3GVARjt + β4YVARjt + εjt
DISPLAY Table

Table 8A
sjt = αj + γt + β1djt + β2Rjt–1 + εjt
DISPLAY Table

Table 8B
sjt = αj + γt + β1djt + β2Rjt–1 + β3GVARjt + β4YVARjt + εjt
DISPLAY Table

Table 9A
sjt = αj + γt + β1djt + β2Rjt–1 + εjt
DISPLAY Table

Table 9B
sjt = αj + γt + β1djt + β2Rjt–1 + β3GVARjt + β4YVARjt + εjt
DISPLAY Table

Table 10A
sjt = αj + γt + β1djt + β2Rjt–1 + εjt
DISPLAY Table

Table 10B
sjt = αj + γt + β1djt + β2Rjt–1 + β3GVARjt + β4YVARjt + εjt
DISPLAY Table

  September, 2019
III/2019
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