The Market for New Issues of Municipal Bonds: The Roles of Transparency and Limited Access to Retail Investors

2012 ◽  
Author(s):  
Paul Schultz
Keyword(s):  
Municipal Bonds ◽  
Limited Access ◽  
Retail Investors

Value Orientation and Awareness of Limited Access to Oppurtunity Scales

1964 ◽  
Author(s):  
Judson R. Landis ◽  
Simon Dinitz ◽  
Walter C. Reckless
Keyword(s):  
Value Orientation ◽  
Limited Access

Right to contestation, patron-client networks, and corruption

2012 ◽  
pp. 101-117 ◽  
Author(s):  
P. Orekhovsky
Keyword(s):  
Open Access ◽  
Political Life ◽  
Limited Access ◽  
The Right ◽  
Main Factor

In the paper the nature of Russian corruption is considered along the lines proposed by D. North, J. Wallis, and B. Weingast. The author considers patron-client networks as basic political and economic actors of the limited access order. The redistributive rent allocated within patron-client networks is not a corruption phenomenon. The main factor that is able to destroy patron-client networks and autonomous centers of power is the right to contestation (liberalization) according to R. Dahl. Realization of that right together with the right to participate in political life enables transition to the open access society.

In the Shadow of Violence: Lessons for Limited Access Societies

2012 ◽  
pp. 4-31 ◽  
Author(s):  
D. North ◽  
J. Wallis ◽  
S. Webb ◽  
B. Weingast
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Open Access ◽  
Political Stability ◽  
Gradual Transition ◽  
Major Conclusion ◽  
Economic Competition ◽  
Limited Access ◽  
Forthcoming Book ◽  
Personal Connections

The paper presents a summary of the forthcoming book by the authors and discusses the sample study of the 9 developing countries. While admitting the non-linearity of economic development they claim that the developing countries make a transition from the limited access orders (where the coalition of powerful elite groups plays a major role, that is based on personal connections and hampers free political and economic competition) to the open access orders with democratic government and efficient decentralized economic system. The major conclusion of this article is that what the limited access societies should do is not simply introducing open access institutions, but reorganizing the incentives of the elites so that to limit violence, provide economic and political stability and make a gradual transition to the open access order beneficial for the elites.

The Tax Option in Municipal Bonds

CFA Digest ◽  
2014 ◽  
Vol 44 (5) ◽  
Author(s):  
Marvin Powell
Keyword(s):  
Municipal Bonds
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