A Catastrophe Theory Analysis: City Government Finances
Gerald D. Newbould
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Gerald D. Newbould: Cleveland State University
Public Finance Review, 1980, vol. 8, issue 3, 307-321
Abstract:
This article utilizes a novel development in mathematics-catastrophe theory—to examine the finances of the top 48 U. S. cities. The conclusion is that all the cities are m situations comparable to New York's and Cleveland's, where the potential for catastrophe exists.
Date: 1980
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Persistent link: https://EconPapers.repec.org/RePEc:sae:pubfin:v:8:y:1980:i:3:p:307-321
DOI: 10.1177/109114218000800304
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