White Papers

Setting Debt Limits: Issues and Options
States are establishing debt limits in an bold attempt to manage debt capacity. These focus on debt issuance, debt outstanding as well as current revenues. This paper gives an insight into the theoretical as well as conceptual issues involved in state debt limits.

Redefining the Debt Ceiling Poses Unnecessary Risks
Debt ceiling has beein in place since 1917, which stipulates the limit for gross treasury debt. Recent proposals to alter this limit that had been placed by the federal law have been analysed and presented in this white paper.

Household Debt and Credit
There are many dimensions to household debt. Scientific research and paper lists provide an opportunity to discuss and classify many aspects and dimensions of household debt that is the whole essence of this paper.

Recent Changes to a Measure of U.S. Household Debt Service
Rent, auto lease payments and other recurring obligations to the household debt service ratio has been added tot he methodology of debt service ratio statistics. This paper enumerates these recent changes and how the financial market has necessitated these changes.