Municipal Finance Journal

Volume 34, Number 1
Spring 2013
Editor: W. Bartley Hildreth

Guest Editors' Note
Issue Dedicated to Memory of John E. Petersen, Part 2
Beverly Bunch, Lisa A. Cole, and Cathy Spain

vi

The Role of the State in Supervising and Assisting Municipalities, Especially in Times of Financial Distress
James E. Spiotto

1-31

The Great Recession:
Impacts and Outlook for U.S. State and Local Finance
Robert D. Ebel, John E. Petersen, and Ha T.T. Vu

33-77

Benefit Changes and Legal Protections Related to Public Pensions
Paul Zorn

79-93

Subnational Finance Outside the United States:
Recent Developments
Maria E. Freire

95-112