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Chicago Fed Letter, No. 286a, May 2011
Local Governments on the Brink (Special Issue)

This article examines the likelihood of local governments defaulting on their debt or filing for bankruptcy. Despite the challenging fiscal environment today, the vast majority of local governments are not likely to do either, if history serves as a guide for the future.

A Minute with the Economist

Senior economist and economic advisor discusses some background on his recent article on local governments.

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