Knowing what you pay for: Does benefits information increase bond referenda support? (Record no. 530171)

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fixed length control field 01411nam a22001337a 4500
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100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Ivonchyk, Mikhail
245 ## - TITLE STATEMENT
Title Knowing what you pay for: Does benefits information increase bond referenda support?
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc Public Administration Review
300 ## - PHYSICAL DESCRIPTION
Extent 85(2), Mar, 2025: p.504-518
520 ## - SUMMARY, ETC.
Summary, etc State and local governments seek to save money through fiscal efficiency. One such mechanism widely studied in the literature is through the choice for financial underwriting of debt. The extant literature generally suggests that state and local governments can lower borrowing costs through a competitive method of sale. In a meta-analysis of 418 effects from 97 studies, we find that competitive sales do enjoy a statistically significant reduction in borrowing costs However, these effects are moderated when using key control variables, the use of more recent data, as well as due to measurement and methodological choices. Consequently, despite a large number of studies in this area, more research specific to small borrowers, new and understudied contexts, or those using sophisticated selection and causal methods is needed to understand whether the practical preference for competitive sales should persist.

https://onlinelibrary.wiley.com/doi/abs/10.1111/puar.13822
773 ## - HOST ITEM ENTRY
Main entry heading Public Administration Review
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Item type Articles
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2025-05-29 85(2), Mar, 2025: p.504-518 AR135988 2025-05-29 Articles

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