Papers & Opinions
![](https://poleconfin.org/wp-content/uploads/2023/10/Poleconfin-featureImage-029-300x168.webp)
The Effects of Local Government Financial Distress: Evidence from Toxic Loans
We examine the response from both local governments and their voters to a sudden increase in public debt burden. We exploit plausibly exogenous variation in...
Papers & Opinions
![](https://poleconfin.org/wp-content/uploads/2023/10/Poleconfin-featureImage-029-300x168.webp)
The Effects of Local Government Financial Distress: Evidence from Toxic Loans
We examine the response from both local governments and their voters to a sudden increase in public debt burden. We exploit plausibly exogenous variation in...
Papers & Opinions
![](https://poleconfin.org/wp-content/uploads/2023/10/Poleconfin-featureImage-029-300x168.webp)
The Effects of Local Government Financial Distress: Evidence from Toxic Loans
We examine the response from both local governments and their voters to a sudden increase in public debt burden. We exploit plausibly exogenous variation in...