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作者：Robbins, Mark D.; Simonsen, Bill
作者单位：University of Connecticut
摘要：This article reports on research into the possible interest cost penalties when state governments impose increasingly high debt levels on their citizens. The potential effect of debt levels on borrowing costs is a material one, given the large amounts of state debt outstanding. At the same time that government borrowing is heavy, the demand for government obligations also appears to be strong. The authors examine state debt levels and borrowing costs over a six-year period (20012006) and find ...
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作者：Michelson, Evan S.
作者单位：New York University
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作者：Rose, Shanna; Smith, Daniel L.
作者单位：New York University
摘要：Economic theory suggests that it is optimal for governments to use precautionary saving as a countercyclical tool. However, the availability of surplus funds often triggers political pressure for tax cuts and spending increases. Mechanisms for alleviating that pressure include limiting the transparency of slack resources and limiting politicians discretion to use slack resources for purposes other than stabilization. This article investigates the extent to which these two mechanisms are substi...
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作者：Martell, Christine R.; Kravchuk, Robert S.
作者单位：University of Colorado System; University of Colorado Anschutz Medical Campus; Children's Hospital Colorado; University of North Carolina; University of North Carolina Charlotte
摘要：This article surveys developments in the municipal debt market for their practical and conceptual implications for public financial managers and scholars. It provides an overview of the market crisis of 2007-9, focusing on what fiscal stress reveals about debt costs, the incidence of risk, and management methods. The first part focuses on the systemic factors-highly leveraged subprime mortgage instruments and collateralized debt obligations-that affected credit availability, interest costs, an...
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作者：Albalate, Daniel; Bel, Germa
作者单位：University of Barcelona
摘要：In April 2009, the U.S. government unveiled its blueprint for a national network of high-speed passenger rail (HSR) lines, aimed at reducing traffic congestion, cutting national dependence on foreign oil, and improving rural and urban environments. In implementing such a project, it is essential to identify the factors that might influence decision making and the eventual success of the HSR project, as well as to foresee the obstacles that must be overcome. The authors review, summarize, and a...
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作者：Moulton, Stephanie
作者单位：University System of Ohio; Ohio State University
摘要：Private organizations are increasingly relied on, explicitly and implicitly, to carry out public objectives. But given that profit and public motives are not always aligned, why do private firms behave in publicly responsible ways? Specifically, how do diverse regulative, economic, normative, and cultural influences combine to enable or constrain publicly responsible behavior? This analysis focuses on a specific group of private actors: mortgage lenders. Through semi-structured interviews with...
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作者：Kim, Soonhee; Lee, Jooho
作者单位：Syracuse University; University of Nebraska System
摘要：This article examines the relationship between electronic participation (e-participation) and trust in local government by focusing on five dimensions of the e-participation process: (1) satisfaction with e-participation applications, (2) satisfaction with government responsiveness to e-participants, (3) e-participants' development through the participation, (4) perceived influence on decision making, and (5) assessment of government transparency. Using data from the 2009 E-Participation Surve...
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作者：Newswander, Chad B.
作者单位：University of South Dakota
摘要：The pursuit of the common good must be understood from the reality that governing is ugly. The ability to grapple with situations that are ambiguous requires administrators to be cognizant of action that might be suspect but necessary to accomplish the public interest. This often requires them to become active players. John Rohr postulates that the U.S. Supreme Court's standards of strict scrutiny is one approach that could be used to justify such action. Building on this line of thinking, the...
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作者：Perry, James L.; Radin, Beryl A.
作者单位：Indiana University System; Indiana University Bloomington; American University
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作者：Carpenter, Daniel P.; Krause, George A.
作者单位：Harvard University; Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh
摘要：This article examines the application of organizational reputation to public administration. Organizational reputation is defined as a set of beliefs about an organizations capacities, intentions, history, and mission that are embedded in a network of multiple audiences. The authors assert that the way in which organizational reputations are formed and subsequently cultivated is fundamental to understanding the role of public administration in a democracy. A review of the basic assumptions and...
